#TrumpTariffs Former U.S. President Donald Trump implemented tariffs primarily to reduce trade deficits and protect American industries. These tariffs targeted countries like China, placing taxes on imported goods such as steel, aluminum, and electronics. The goal was to encourage domestic production and pressure foreign countries into fairer trade deals. However, critics argue the tariffs increased costs for American businesses and consumers, disrupted global supply chains, and hurt international relationships. In 2024, Trump proposed a universal 10% tariff on all imports and higher tariffs on China, sparking debates over inflation, global trade, and potential retaliation. Supporters see it as protecting U.S. jobs.