Trump’s tariffs have had a major impact on the U.S. economy, leading to higher prices for consumers and job losses in key industries. While these trade policies were intended to protect American businesses, they ended up acting as a hidden tax on working-class families. Tariffs on steel, aluminum, and Chinese imports raised costs, leading to inflation and economic uncertainty. Farmers, automakers, and manufacturers faced challenges as retaliatory tariffs hit U.S. exports. The stock market also experienced volatility.