Trump plans new tariffs on China to boost American manufacturing in second term
scmp.com —
Donald Trump plans to impose new tariffs on China during his second term as president, aiming to boost American manufacturing. This approach reflects a commitment to reindustrialization and countering China's trade advantages. Robert Lighthizer, a key ally of Trump, emphasizes the need for substantial tariffs, viewing them as essential for restoring balance in trade. He believes that China is taking advantage of the U.S. economically. Trump's choice for commerce secretary, Howard Lutnick, supports the use of tariffs, calling them an effective tool for promoting domestic production. This marks a continuation of Trump's previous trade policies.