Introduction In recent years, U.S. tariff policies have become a defining feature of global trade dynamics. Whether under Donald Trump's " America First " campaign or through recent moves affecting China, Mexico, and Canada, these decisions have sent economic shockwaves across continents. But what fuels these policies—and who ends up paying the price? Why Is the U.S. Imposing Tariffs? Tariffs—taxes on imported goods—have become more than just a fiscal measure. For the U.S., they serve multiple strategic goals: Reduce trade deficits Protect domestic industries Counter unfair trade practices (e.g., IP theft, forced tech transfers) Reassert global influence Global Response: Retaliation and Realignment Countries affected by U.S. tariffs haven’t stood still. The global response includes: China targeting U.S. agriculture and tech Canada & Mexico threatening reciprocal tariffs EU warning of WTO action and proposing retaliatory duties This ti...
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