I believe today's downfall 😔 wasn't shocking, I believe many expected the disastrous outcome, requardless of how bad it affected people financially. In stock market news, today was a horrible day, and China retaliation was also to be expected, and that's exactly what Trump wanted.
Tariffs often lead to trade wars.
The Federalist Political Party believes in Protectionism, which refers to government policies that restrict international trade to help domestic industries. The overall goal is improving economic activity and implementing safety 👏 Under the Keisha Phillips Administration we will do exactly that, implementing improvements for economic Growth and development which equals success.We use Protectionism as trade barriers which protects domestic industries from foreign competition.
Advantage of Protectionism:
▪︎Growth Opportunities
▪︎Lower imports
▪︎Higher GDP
There's also several disastrous disadvantages:
▪︎Stagnation
▪︎Economic isolation
▪︎Retaliation
With Protectionism, it shields domestic industries, protects national security, and addresses trade imbalances. It provides job preservation & it also can raise Government Revenue.
The Protectionism falls under the beliefs of The Federalist Political Party.

Keisha Phillips MADAM President USA 🇺🇸
The Federalist Political Party