▶️ Things worth knowing about Trump tariffs 2.0 & America First: From surplus to deficit - Why Trump is targeting the trade balance
The term "Trump Tariffs 2.0" refers to the US's renewed focus on trade tariffs under the America First approach. | Trump wants to improve the US trade balance through tariffs. | The goal is to convert other countries' existing surplus into a deficit in order to sell more American products worldwide. | Critics warn of the impact on global trade and possible trade wars. | | Trump sees the trade balance as a crucial point for the American economy. | The economic impact of tariffs is being intensively discussed among economists. | Companies are forced to restructure their global supply chains. | Proponents believe the tariffs will protect and create U.S. jobs. | Diplomatic tensions could increase because of the tariffs. | It remains to be seen how this policy will affect the US economy in the long term. [...]
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