President Trump's tariffs aim to correct trade imbalances and promote fair trade. However, critics argue that these tariffs, starting at 10% on imports, threaten businesses’ survival and could escalate costs for consumers.

Trump's tariffs are rooted in his belief that unfair trade practices disadvantage U.S. workers. The latest tariffs significantly expand the scope, impacting nearly all imports, while seeking to compel nations towards reciprocal trade agreements.

Tariffs now cover numerous imports with rates from 10% to 50%. While projected to boost federal revenue, they also threaten to raise household costs dramatically, putting a strain on average American families.

Businesses face heightened costs from tariffs, leading to increased prices for consumers. This uncertainty hampers investment decisions and may impact competitiveness, especially for small businesses struggling to survive.

Foreign countries are retaliating with their own tariffs, threatening billions in U.S. exports. This escalation could weaken the U.S. economy further, spiraling into a broader trade war that affects all consumers.

Tariffs increase import costs, directly translating to higher prices on essential goods. This regressive impact disproportionately affects lower-income households, further widening economic gaps in society.

The long-term outcomes of Trump's tariffs include potential reductions in GDP and wages. Ongoing trade tensions may force policy changes as the U.S. navigates complex global trade relations that are rapidly evolving.