Former President Donald Trump, who recently secured a second term, is planning to increase tariffs on imports as a key part of his economic strategy. This decision builds on a trend that began during his previous administration, with the aim of boosting American manufacturing and addressing what is seen as unfair trade practices by China.

Critics argue that such policies have a complex history and may have unintended consequences. President Joe Biden has continued with the tariff approach, indicating a bipartisan recognition of the potential impact on trade relations. As the discussion continues, stakeholders in the financial sector are closely monitoring the implications of Trump's tariff plans on both domestic and international markets.

The outcome of this policy shift could reshape U.S. trade and economic policy in the years to come.