#TrumpTariffs #TrumpTariffs
The trade tariffs imposed by Donald Trump, particularly against China, marked his economic policy with a strong protectionist bias. Initiated in 2018, the tariffs aimed to reduce the U.S. trade deficit, protect American industry, and push for changes in Chinese trade practices. Although they generated an increase in customs revenue, they also raised costs for American businesses and consumers. Small farmers and industrial sectors felt negative impacts. The measure caused global tensions, affecting supply chains and financial markets. Even today, the effects of the Trump Tariffs influence debates on foreign trade and industrial policies in the United States and around the world.