During the presidential campaign trail, then Candidate Trump stated that he'd renegotiate trade deals to stop other countries from ripping America off. Following the election, for the first year of his presidency, it appeared there wouldn't be any trade wars as promised. This belief existed because Trump met with Chinese President Xi Jinping last May in which he negotiated a deal to open up the Chinese market to American beef for the first time since 2003. The world watched with bated breath to see if the meeting would go awry. Given the relatively strong economy, which has jobless claims at the lowest point since 1969 according to metrics the government looks at, one wouldn't expect a sudden jolt for no apparent reason.
Steel & Aluminum Tariffs Introduced
However, even though it looked like America would continue to have relatively free trade with minor changes,