Trump's Trade Policy: A Rollercoaster of Tariffs and Uncertainty

President Trumps trade policy has been a tumultuous journey, marked by tariff threats, sudden reversals, and legal battles. Starting in 2018, he imposed new import taxes on nearly every country, sparking trade wars with major partners like Canada, Mexico, and China. These moves, including steel and aluminum duties jumping to 25% worldwide, have caused uncertainty and price hikes for businesses and families. Legal challenges have blocked some tariffs, but others have persisted, affecting sectors from cars to pasta. Trumps recent moves, including a 25% tariff on kitchen cabinets and a vague dividend plan, continue to keep everyone guessing in this ongoing trade shakeup.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.