#TrumpTariffs refers to the large import taxes that President Donald Trump imposed on goods coming into the United States. These tariffs significantly changed global trade. ✅ Why did Trump use tariffs? Trump stated that tariffs were necessary to: protect American factories and jobs. reduce the U.S. trade deficit. pressure countries like China, India, and the European Union to change 'unfair' trade practices. ✅ What do tariffs do? Tariffs are taxes on imported goods. When the U.S. raises tariffs: foreign goods become more expensive. companies often raise prices. consumers pay more. 🌍 Global response many countries retaliated with their tariffs on U.S. products. This created trade tensions and made it difficult for American farmers and exporters. 📈 Economic impacts Benefits: protected some U.S. industries. promoted some manufacturing sectors. Losses: higher prices for everyday items. increased inflation harm international trade relations 📌 Bottom line TrumpTariffs were one of the biggest changes in U.S. trade policy in decades. Some say they protected the U.S. - others argue they raised costs and sparked global trade wars. Either way, they changed how countries trade with the U.S. and with each other.

#TrumpTariffs