Trump's Tariffs Turn Chaotic: Impact on American Businesses The past four years have been marked by significant upheaval in global trade policy under Donald Trump's administration, with no issue more emblematic of this chaos than the tariffs imposed by the White House on various countries, including China, Europe, Canada, Mexico, and others.
The impact on American businesses has been seismic, with far reaching consequences that are only now beginning to be fully understood.
Understanding the Tariff Landscape At its core, a tariff is a tax on imported goods.