Liana Spenst Crypto
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3.5 Years
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U.S President Donald J Trump implemented drastic tariffs as part of his "America First" trade policy. These tariffs aimed to protect American industries by charging extra taxes on imported goods, particularly from China and many other developing countries,which were accused of unfair trade practices, intellectual property theft, and currency manipulation. The tariffs targeted a wide range of products, including steel, aluminum, and consumer goods. While intended to encourage domestic manufacturing and reduce the trade deficit, they also led to trade tensions and global markets started dumping, higher costs for U.S. consumers, and retaliation from other countries. This is an alarming economic situation and a topic of Debate #TrumpTariffs
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