Question

Which of the following trade policies has President Trump imposed in his time as president?

1) Tariffs on steel and aluminum imports
2) Withdrawal from the Trans-Pacific Partnership (TPP)
3) Renegotiation of the North American Free Trade Agreement (NAFTA)
4) All of the above

Answer 1

President Trump imposed trade policies such as tariffs on steel and aluminum, withdrawal from TPP, and renegotiation of NAFTA during his tenure, reflecting a broader strategy of protecting national economic interests.

Step-by-step explanation:

During his presidency, Donald Trump imposed several trade policies, including:

1. Tariffs on steel and aluminum imports.
2. Withdrawal from the Trans-Pacific Partnership (TPP).
3. Renegotiation of the North American Free Trade Agreement (NAFTA), which later became the United States-Mexico-Canada Agreement (USMCA).
4. In addition, tariffs were imposed on a broad range of imports from China, with the rate being raised by around 25% on certain goods.

These actions were part of a broader policy of raising trade barriers in an effort to protect American innovation and national interests. The tariffs aimed at Chinese goods were intended to shield US manufacturers from foreign competition, and these were met with reciprocal tariffs from China, leading to a trade war. As of now, it is uncertain if the subsequent administration under President Biden will maintain, adjust, or remove these trade barriers.