{"content":"#TrumpTariffs #TrumpTariffs 💬refer to import duties imposed by Donald Trump's administration, often aimed at reducing trade deficits and protecting domestic industries. In his second term (as of July 2025), these have escalated significantly, with proposed tariffs of up to 40% on various countries. Trump's rationale is to promote domestic manufacturing and national security, viewing trade deficits as harmful. However, economists widely argue that tariffs act as taxes on U.S. consumers and businesses, leading to higher prices and reduced economic welfare, potentially sparking retaliatory measures from trading partners and increasing global economic uncertainty.","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025072025/07/08/4941a87025ae1ea179c71113a45e7502.jpg"],"tags":[],"tradingPairs":[],"quotearticleid":0}