Trump is determined about tariffs, unfazed by electoral considerations or market pressure
He believes that tariffs would help in “levelling the playing field” by revoking international trade deals that worked to the disadvantage of the American people
MUCH of the earlier discussion of President Donald Trump II’s trade policies reflected a sense that the president wanted to use the threat of tariffs as leverage over trade partners.
At the same time, pundits referred to the experiment with tariffs during his first term in office, when, among other things, he imposed 25 per cent tariffs on steel and 10 per cent on aluminium in 2018, only to lift them later.
It’s true that the president continues to employ tariffs as leverage, as in the case of Mexico and Canada as well as China to press those governments to reduce the amount of fentanyl crossing their borders.
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