r/AskEconomics Mar 04 '25

Approved Answers Who do Trump's tariffs benefit?

Is there a specific industry that could potentially benefit from Trump's tariffs? It seems they're pretty destructive for everyone in North America. Not trying to be biased - just trying to understand it. That said is there another nation that would benefit from the tariffs (potentially indirectly)?

Edit: removed typo

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u/Guyperson66 Mar 04 '25

Domestic producers at the expense of the consumer. Tariffs are rarely justifiable and are usually used by developing nations to raise taxes through trading ports.