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Learn about the protectionist trade initiatives of the Trump administration against China and other countries, and their impact on the U.S. economy and trade relations. Find out the background, policy, and analysis of the tariffs, as well as the retaliatory measures and aid programs.
One of former President Donald Trump's signature economic proposals is to enact an across-the-board 10% tariff on all goods imported into the United States. It's controversial, to say the least.
And if it's not oil drilling, Trump is likely to turn to tariffs for how he'd fund his plans. The former president has promised to levy duties of 10% to 20% on US trading partners and 60% on China ...
And experts have disputed Trump’s claim that tariffs would bring in billions of dollars for the U.S. government. Trump a day earlier threatened to impose a 200 percent tariff on Illinois-based ...
Learn about Trump's views, vision, and actions on infrastructure, including fossil fuel production, cybersecurity, and environmental reviews. Find out why he failed to pass a major infrastructure bill despite bipartisan support for upgrading American infrastructure.
The article reviews the main features and outcomes of Trump's economic policy, such as tax cuts, trade protectionism, deregulation, and COVID-19 response. It also compares the economic indicators before and after Trump's presidency, and cites various sources and references.
In addition to this proposed 20% consumer tax, Trump says he would impose at least a 60% tariff on every imported good from China, and from 100% to 200% tariffs on cars imported from Mexico.
An economic conflict between China and the United States that has been ongoing since January 2018, when U.S. President Donald Trump began setting tariffs and other trade barriers on China with the goal of forcing it to make changes to what the U.S. says are longstanding unfair trade practices and intellectual property theft. [1]