Trump’s New Tariff Strategy: Potential Impact on Long-Term Trade

David Vives
By David Vives
October 31, 2024NTD Good Morning
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Former President Donald Trump proposed a new tariff strategy aimed at reducing the trade deficit with Europe and China. Believing U.S. industries need protection from what he calls “unfair trade practices,” Trump suggests steep tariffs on imported goods to level the playing field. His approach seeks to boost domestic production, create jobs, and bring foreign companies to U.S. soil. But are tariffs a good long-term trade strategy?

NTD’s international correspondent David Vives has more from Paris.