Trump's Tariff Policy: Goals and Reality
1. Fair Trade Agreements:**
According to Trump, the United States has long suffered from trade losses. His tariff policies have opened up opportunities for talks with countries like South Korea and Japan, although a final deal has not yet been reached.
2. Domestic Industrial Revival:
Despite the goal of boosting the industrial sector, the instability of the tariff policy has left businessmen hesitant. The lack of consistency is hindering major investments.
3. China Resistance:
Trump sees China as a trade adversary. Although a tough stance has been taken, analysts say it could cost the United States allies and increase economic risks.
4. Revenue:
Although the goal is to increase revenue from tariffs, research has shown that the overall deficit could increase due to tax cuts.
5. Product prices:
Although there is talk of reducing product prices by increasing domestic production, in reality, prices are increasing due to tariffs. This is increasing the pressure on ordinary and low-income families.