Trump uses tariffs as diplomatic tool to influence policy changes

Donald Trump is serious about using tariffs as a diplomatic tool, targeting countries like Mexico, Canada, and China to influence their policies on migration and drugs. This approach marks a shift from traditional trade-focused tariff strategies. His recent actions suggest he may impose significant tariffs on a large portion of US imports, despite previous expectations that he would take a more moderate stance. This could lead to increased costs for American consumers, contradicting his campaign promises to lower living expenses. Trump's selection of Bessent as Treasury Secretary indicates a continued emphasis on tariffs. While Europe and the UK are currently unaffected, Trump's broader goal is to reshape global trade dynamics, particularly reducing trade surpluses with China and Europe.