#TrumpTariffs The Trump administration implemented a series of tariffs, most notably on steel and aluminum imports, and a wide range of goods from China, often citing national security and unfair trade practices as justifications. These tariffs aimed to reduce trade deficits and incentivize domestic manufacturing. However, they led to retaliatory tariffs from affected countries, sparking trade wars, particularly with China. Economists generally agree that these tariffs increased costs for American consumers and businesses, disrupted global supply chains, and created significant uncertainty in international trade relations, often pushing countries towards regional trade blocs. While some tariffs were later adjusted or paused, their legacy continues to influence global trade dynamics.