Are Trump’s tariffs more about protecting American small businesses, or rewarding political allies? Trump has recently announced a deal to waive tariffs on beef imports from Argentina under the guise of lowering food inflation for consumers. However, if that is the case, it is strange that he has not made this tariff waiver global. His continuation of tariffs on the European Union, combined with his desire to halt trade with its members for refusal to help with his war in Iran, suggests that his concern for American households is a ruse.