#TrumpTariffs
Trump Tariffs refer to the series of import taxes imposed during Donald Trump's presidency, mainly targeting China, the EU, Canada, and Mexico. These tariffs were part of his "America First" trade policy aimed at reducing the U.S. trade deficit, protecting American industries, and pressuring countries into better trade deals. Most notably, the U.S. imposed tariffs on billions of dollars' worth of Chinese goods, triggering a trade war. China retaliated with tariffs on U.S. exports, affecting farmers and manufacturers. While some industries benefited from protection, others faced higher costs. Trump defended the strategy as necessary to fix unfair trade practices, though economists remain divided on the long-term impact.