GlobalTradeWar

Trump's New Tariff Strategy: Aimed at Reducing Trade Deficits

2 months ago

In a bold move that could significantly alter the dynamics of international trade, former President Donald Trump has unveiled a new tariff proposal designed to target countries with substantial trade deficits with the United States. This proposal is set to be a cornerstone of his economic platform as he prepares for the upcoming presidential election.

Trump's Trade Chief Strives for Stability Amidst Turbulent Tariff Implementation

2 months ago

In a concerted effort to stabilize the U.S.'s tumultuous trade environment, President Trump's trade chief has embarked on a mission to streamline and clarify the administration's recently rolled-out tariffs. The initiative comes in response to mounting confusion and significant pushback from various sectors of the economy, particularly those directly impacted by the new tariffs on imported goods.

Trump Administration Enacts Sweeping Tariffs on Steel and Aluminum Imports

2 months ago

In a significant shift in trade policy, the Trump administration has officially implemented tariffs on steel and aluminum imports, a move that has sent ripples across both domestic and international markets. The new tariffs, which come into effect without any exceptions for allied nations, are set at 25% for steel and 10% for aluminum. This development was anticipated for weeks, as discussions and speculations swirled surrounding potential exemptions and rebuttals from affected countries.