Articles for tag: American manufacturing, economic impact, free trade agreements, global commerce, historical context, Tariffs, US trade policies

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US Tariff Policies: A Shift from Free Trade to Protectionism

US Tariff Policies: A Shift from Free Trade to Protectionism

The U.S. has a long history of taxing imports, but mostly moved away from that approach starting in the 1930s with a shift towards free trade. However, tariffs saw a resurgence under President Donald Trump, who aimed to boost American manufacturing and address what he called China's unfair trade practices. President Joe Biden has continued this trend, maintaining higher tariffs.

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