#TrumpTariffs
on import tariffs that the administration of former president Donald Trump imposed. Its main objective was to protect the U.S. industry, reduce trade deficits, and pressure other countries in negotiations. They were applied to a wide range of products, including steel, aluminum, and many Chinese goods.
Although they aimed to benefit domestic companies, they often resulted in higher costs for American consumers and triggered retaliatory tariffs from other countries, affecting global trade and creating economic uncertainty.