The Trump administration's trade policy has evolved from relying solely on tariffs to a more complex, country-specific approach addressing perceived unfair trade dynamics. This new strategy assesses various aspects of trading partners' policies, such as their tax structures and currency management practices. While it aims to protect U.S. exporters from inequities, concerns arise over potential retaliatory actions from affected countries and the risk of rising inflation in the U.S. There is an ongoing debate among trade experts about the efficacy and consequences of this approach.
The Trump administration is ushering in a new era in which trade policy is managed country by country, using sweeping tariffs as the tool to address what officials call unfair trade dynamics.
You have tariffs being used to offset discriminatory tax policy - that's a pretty big shift,
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