The Impact of Trump’s Executive Order on Reciprocal Tariff Negotiations
President Trump introduced reciprocal tariffs on Apr. 2, urging foreign countries not to retaliate or face even higher tariffs from the U.S., as Treasury Secretary Scott Bessent warned. Despite not retaliating, foreign countries still risk facing Trump’s tariffs due to the order’s focus on trade deficits instead of trade policies. This poses a challenge present […]