The implication here is to liberate America from the shackles and limitations on national sovereignty , from illegal immigration, and from anything that hinders American interests, under the slogan "America First." Protectionist tariffs were used by Trump as a tool of governance when he changed US trade policy and ended the era of American participation in global free trade.
A year has passed since President Trump announced retaliatory tariffs on international partners.
Photo: Reuters
After a year, the trade war had altered the global trade system and order, leading to a restructuring of global supply chains. It forced all economies to gradually adapt to the new context, seeking to maintain economic and trade relations with the US while reducing their dependence on the US market.
Trump viewed it not as an experiment but as a strategy. The leader, his associates, and his supporters in the US naturally lauded its success. In reality, however, this was not entirely true. Importers and American citizens paid a higher price than before, inflation remained high, jobs were lost in many industries due to soaring raw material costs, and the trade deficit did not decrease. After a year, President Trump remains determined to continue and it is unclear how it will end. But this will be one of the key challenges for the leader and the Republican Party in the upcoming midterm elections in the US.
Source: https://thanhnien.vn/mot-nam-thuong-chien-thue-quan-185260402215257928.htm
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