#TrumpTariffs Trump Tariffs refer to import taxes introduced during Donald Trumpโs presidency, especially targeting China, the EU, and other trade partners. The goal was to reduce the U.S. trade deficit and bring manufacturing back to America.
๐ Key Points:
Imposed on steel, aluminum, electronics, and consumer goods
Sparked trade wars, especially with China
Affected global markets, supply chains, and consumer prices
๐ผ Supporters say it protects U.S. industries; critics say it raises costs and invites retaliation.
๐ Impact:
Stock market volatility
Inflationary pressure
Shift in global trade dynamics