To President Trump! March 11, 2026 President Trump will raise new tariffs to 15%. He stated that this policy change is the "result of thorough and detailed consideration." I think the "creation" of "balanced countervailing duties" is missing. Tariff rates alone will not reduce the trade deficit. The Trump administration should create "balanced countervailing duties" and leverage American purchasing power to eliminate the trade deficit.
To President Trump! March 11, 2026 President Trump will raise new tariffs to 15%. He stated that this policy change is the "result of thorough and detailed consideration." I think the "creation" of "balanced countervailing duties" is missing. Tariff rates alone will not reduce the trade deficit. The Trump administration should create "balanced countervailing duties" and leverage American purchasing power to eliminate the trade deficit.