#TrumpTariffs

#TrumpTariffs – A Short Note:

#TrumpTariffs refer to the series of import taxes imposed by former U.S. President Donald Trump during his administration (2017–2021), primarily targeting countries like China, the European Union, Mexico, and Canada. These tariffs were part of Trump's "America First" policy, aimed at protecting American industries, reducing trade deficits, and encouraging domestic manufacturing.

Key highlights:

China Trade War: Tariffs on hundreds of billions of dollars' worth of Chinese goods led to a retaliatory response, sparking a major trade war.

Steel & Aluminum: Trump imposed tariffs on steel (25%) and aluminum (10%) imports, citing national security concerns.

Impact: While intended to support U.S. jobs, the tariffs raised costs for American businesses and consumers, disrupted global supply chains, and created trade tensions.

The #TrumpTariffs remain a defining part of his economic legacy and continue to influence U.S. trade policy debates.