When President Donald Trump imposed his sweeping tariffs on April 2, he had two main objectives:
Reduce the trade deficitsBring jobs and manufacturing back to the United States
These were the stated goals but, as we soon found out, the real aim was to weaken China by preventing them from selling goods to US consumers. The Trump administration also used the tariffs to isolate China by providing incentives to the nations that agreed to reduce their trade with Beijing. In short, the tariffs wer...
Published on May 19, 2025 21:01