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The President underscored a narrative of reversing years of perceived exploitation by global trading practices, aimed at restoring American economic integrity. He emphasized that tariffs are a necessary tool to bring wealth back to America and reshape a trade deficit that hit an astonishing $1.22 trillion last year.
The China Tariff Strategy
Among the most significant components of Trump's tariff strategy is the aggressive stance against China, with tariffs on Chinese imports now totaling at least 54%. This dramatic increase has prompted China to retaliate with its own tariffs on American goods, creating a potentially escalating trade conflict.