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Tariff

232 bytes added, 02:40, July 31, 2025
/* Trump tariffs */
==Trump tariffs==
{{See also|Trump tariffs}}
[[File:Photo 2025-07-30 19-52-26.jpg|right|300px|thumb|Since 2007, [[China]] has [[diversified]] its reliance on the [[US]] ]] to reduce its risks. Alternatively, US households and consumers have come to rely heavily on cheap Chinese manufactured goods to maintain high living standards.]]
U.S. President [[Donald Trump]] supports tariffs as a way of restoring [[America]]n jobs lost due to massive [[trade deficit]]s. Critics of President [[Trump]]'s tariff proposals are often beneficiaries of products that incorporate items such as low-priced steel imports. Supporters of the President's tariffs believe protective tariffs are a way to protect U.S. [[producers]] and American workers.<ref>[https://www.natlawreview.com/article/two-things-missing-debates-us-china-fights Two Things Missing From Debates On US-China Fights]</ref><ref>[[Ross Perot]] and [[Democrat]] [[House]] Leader [[Richard Gephardt]] made these same arguments in the 1990s.</ref> Trump has noted that the most successful vehicles in the auto industry are protected by high tariffs.<ref>Carney, John (November 28, 2018). [https://www.breitbart.com/economy/2018/11/28/chickentaxtrucks/ Trump Points Out the ‘Chicken Tax’ Has Protected America’s Best Vehicles for Decades]. ''Breitbart News''. Retrieved November 28, 2018.</ref>
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