Vice President J.D. Vance has reiterated the administration's commitment to implementing tariffs broadly, with limited exemptions, to incentivize companies to invest in the United States.
President Donald Trump has unveiled a new trade strategy centered on implementing "reciprocal tariffs" to address perceived imbalances in international commerce. This policy aims to equalize tariffs by imposing duties on imports equivalent to those levied by other countries on U.S. exports. The administration contends that this approach will create a level playing field for American businesses and rectify longstanding disparities in global trade practices.
