Industries That Could Get a Boost From Trump’s Tariffs

Industries That Could Get a Boost From Trump’s Tariffs
The New York Stock Exchange on Wall Street in New York City, on March 5, 2025. Spencer Platt/Getty Images
Javier Simon
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To fuel American-made products and services, President Donald Trump has proposed tariffs on various countries including Canada, China, and Mexico.

A tariff is a tax imposed by one country on the goods and services imported from another country. But the president’s proposals have come under intense scrutiny because some critics argue these are inflationary practices that would result in countries passing on taxes to American consumers in the form of higher prices for foreign-made goods.

Javier Simon
Javier Simon
Author
Javier Simon is a freelance personal finance writer for The Epoch Times. He specializes in retirement planning, investing, taxes, fintech, financial products and more. His work has been featured by major publications including Fox Business, The Motley Fool, NerdWallet, and Money Magazine.