Since his re-election in 2024, President Donald Trump has reignited a trade war strategy similar to his first term, escalating tariffs against China, Mexico, and the European Union. These tariffs, framed as efforts to “protect American jobs,” have significantly raised the cost of imported goods such as electronics, food, clothing, and raw materials. While intended to support domestic industries, the policy has instead imposed hidden costs on American consumers—especially those from lower-income and marginalized communities.
