Post with hashtag #TrumpTariffs:

Since early 2025, the administration has rolled out sweeping “reciprocal” tariffs — a baseline 10% duty on many imports, with additional levies up to 50% on goods from countries deemed to have unfair trade practices. The goal has been to encourage manufacturing on American soil, protect domestic industries, and reduce the U.S. trade deficit.

But the impact has proven controversial: small U.S. retailers report sharp supply-chain disruptions just ahead of the holiday season, struggling with higher import costs, inventory shortages and squeezed margins.

Meanwhile, allied economies such as Canada — hit by steep tariffs on steel and lumber — have responded with counter-measures and domestic support for affected industries. Analysts note that while tariffs have trimmed import volumes and narrowed the trade deficit, they have also contributed to higher costs for consumers, supply-chain stress, and increased uncertainty for exporters.