#TrumpTariffs

Trump Tariffs (2018โ€“2020)

What: Extra taxes on products coming from other countries ๐Ÿ›ƒ๐Ÿ“ฆ

Who started it: President Donald Trump ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‘”

Why:

To help American factories ๐Ÿญ

To buy less from other countries ๐Ÿ’ฐ๐Ÿ”

To push countries (especially China ๐Ÿ‡จ๐Ÿ‡ณ) to trade more fairly โš–๏ธ

Main target: China ๐Ÿ‡จ๐Ÿ‡ณ (also countries like Canada ๐Ÿ‡จ๐Ÿ‡ฆ and Mexico ๐Ÿ‡ฒ๐Ÿ‡ฝ for steel and aluminum)

What happened:

Some U.S. industries got help ๐Ÿ‘

Prices went up for many things ๐Ÿ’ตโฌ†๏ธ

Farmers lost money because other countries stopped buying their goods ๐ŸŒฝ๐Ÿšซ๐ŸŒ