#TrumpTariff

A Short Note

refers to the trade tariffs imposed during former U.S. President Donald Trump’s administration, particularly targeting China starting in 2018. These tariffs aimed to reduce the U.S. trade deficit, revive domestic manufacturing, and pressure China over unfair trade practices, including intellectual property theft.

Key actions included:

Imposing tariffs on hundreds of billions of dollars’ worth of Chinese goods.

Triggering a trade war that led to retaliatory tariffs from China.

Affecting global supply chains, U.S. farmers, and consumer prices.

While the tariffs aimed to protect U.S. interests, economists remain divided on their long-term impact. The policy significantly reshaped global trade dynamics and remains a key topic in U.S.-China economic relations.

#TradeWar #USChinaTrade #EconomicPolicy