U.S. Economy

Tariffs vs. Trade Deficit: What’s Really Happening to the U.S. Economy Behind the Headlines

Tariffs have been a hot topic in the U.S. economy, with many expecting them to reduce the trade deficit. However, the effects are more complex. While tariffs may reduce imports from certain countries, they also raise prices for consumers and disrupt supply chains, without solving the deeper issues behind the trade deficit. A more holistic approach is needed for sustainable economic improvement.