Donald Trump’s decades-long belief in the power of tariffs has reached its most dramatic expression yet. In a high-profile Rose Garden ceremony, flanked by political allies and key lawmakers, the president unveiled a sweeping new tariff package aimed at reshaping the global trade landscape—and cementing a cornerstone of his presidency.
For Trump, the moment was a culmination of convictions he’s held since the 1980s. He once again criticized trade agreements like NAFTA and institutions such as the World Trade Organization, claiming he had predicted their failings long before entering public office. “Every prediction our opponents made about trade over the past three decades has been proven wrong,” he said, drawing applause from the audience.
Continue reading on the next page…