#TrumpTariffs Several types of Trump tariff policies

1. Import tariffs on goods, including electronics, aluminum, and steel ranging from 10% to 25%

2. Tariffs against China, aimed at reducing or offsetting the US trade deficit with the country 🇨🇳

Negative ➖

1. Increase production costs of goods for consumers.

2. Create trade tensions with other countries.

3. Pose risks of retaliatory tariffs.

Positive ➕

1. Protect domestic industries from what is deemed unfair competition.

2. Encourage domestic companies to invest and employ more people.

Scan and get the prize, hopefully useful.