For the sake of a “New Golden Age” in America, U.S. President Donald Trump has been imposing tariffs on various countries. These tariffs are not just affecting international trade partners but are also impacting American consumers by increasing the cost of goods.
Historically, from America’s founding to the early 20th century, tariffs were a primary source of income for the federal government. Today, the use of tariffs appears to be less about correcting unfair trade practices or national security, and more about generating revenue at the expense of others.
By imposing tariffs, the U.S. government effectively places extra charges on imported goods. This not only burdens other countries but also forces Americans to pay more for everyday products, indirectly raising their taxes. Critics argue that this approach prioritizes profit over fair trade and economic cooperation.
The question remains: Are these tariffs truly serving the interests of global trade fairness, or are they a means for the U.S. to fill its coffers at the expense of both its citizens and international partners?
