"An impression that emerges from Lighthizer's account is how moderate the Trump trade policy was... The American tariff load post-Trump is still lower than that in comparable economies, including those of our putative allies in the European Union."
In February 2023, Trump unveiled a rough sketch of his trade policy in a second term. The "America First trade plan" has three main tenets: universal baseline tariffs, decoupling from China, and bolstering domestic workers and manufacturing.
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