Understanding Trump’s Tariff Proposal During his tenure, former President Donald Trump proposed a series of sweeping tariffs aimed at various goods imported into the United States. This proposal was driven by the intention to protect American industries and promote domestic production. The rationale behind implementing these tariffs was multifaceted; at its core, the administration argued that increased import fees would encourage consumers to purchase American-made products, thereby bolstering the economy and creating jobs. This approach aligns with traditional economic theories that suggest tariffs can serve as a safeguard against foreign competition. One of the central tenets of Trump’s campaign was the assertion that these tariffs would not lead to higher…