Tariffs caused an economic boom
- Riley Williams
- 11 hours ago
- 2 min read
The United States’ economy under Donald Trump has been a lot better than the U.S. economy under President Biden. Everyday life is cheaper under the Trump Administration than it was under the Biden Administration because of tariffs.
According to statistics listed on whitehouse.gov, Trump’s tariffs were a major success and helped rebuild the American economy. President Trump faced major backlash when he announced his plan to rebuild our economy by imposing reciprocal tariffs. Many Americans, as well as economic analysts, thought the tariffs were going to “tank” the American economy.
Trump placed tariffs on over 18 countries, including Mexico, Canada and China. President Trump also placed reciprocal tariffs on steel and aluminum, according to whitehouse.gov.
The goal was to move production of traditionally imported goods to the United States to create more jobs and generate revenue. As of this month, August 2025, the United States has generated $129.2 billion from tariffs alone, according to whitehouse.gov.
For countries not to face tariffs, they would need to move their production of goods to America. Many large corporations caved in, and the United States has invested trillions of dollars in them during Trump’s second term.
Apple Inc. pledged a 500 billion dollar investment to move production to America. These investments and tariffs are making the economy boom. Whitehouse.gov states the stock market is up by over 6% since Trump took office.
So, what does all this mean for the American consumer?
Investopedia.com explains that inflation directly affects the stock market and the cost of living. As inflation rises, so does the cost of living. This causes the stock market to go down. Since the economy is booming, the cost of living is currently low.
For the American consumer, this means life is cheaper, and the American dollar is worth more than it was before Trump was in office.
Investopedia.com states that during the Biden Administration, the inflation by year was 4.91%, and ever since Trump took office, that number is now at 1.9%. Energy prices, including the price of gasoline, have decreased by over 10% within the last year.
Based on the previous information, the American Economic analysts were wrong. The reciprocal tariffs have worked in the United States’ favor. The tariffs have made the economy boom and brought inflation down from the mess that was left under the Biden Administration.
Americans may like or dislike President Trump; however, his economic plan has worked tremendously well. Tariffs were the right move as they created jobs, brought inflation down, and made the cost of everyday life less expensive.
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