#TrumpTariffs Trump-era tariffs are taxes placed on imported goods to protect U.S. industries and reduce trade deficits. These tariffs targeted countries such as China, Canada, Mexico, and members of the EU, impacting products ranging from steel and aluminum to everyday consumer items. Key Points: Tariff Rates: Increases ranged from 10% to as high as 50% on selected goods. Revenue: Projections suggested tariffs could generate significant long-term revenue, though many economists argued the approach may not be sustainable. Impact: Tariffs can increase consumer prices, put pressure on U.S. exporters, and create disruptions in global supply chains. Steel & Aluminum Tariffs: Initially set at 25% on steel and 10% on aluminum, with later increases on some categories. China Tariffs: A 10% tariff on $200 billion worth of Chinese products, raised to 25% and later adjusted toward 30%. $BTC $ETH
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