Part 13/19:
The new reciprocal approach signals a shift from previous free trade policies, seeking to extract concessions from trading partners and safeguard American manufacturing and agriculture. Troves of tariff implementation and negotiations are expected to unfold in the coming months, particularly targeting China’s ongoing 'Made in China 2025' strategy to dominate high-tech and biotech sectors.
Moreover, ongoing tensions with allies like Canada and Mexico have temporarily paused tariffs on steel and aluminum, correlating cooperation on border security and immigration. However, the broader outlook suggests that economic security remains a priority, with tariffs serving as leverage to achieve strategic objectives.