Trump's Main Target in Metals Tariffs Is China, Ex-Trade Adviser Says
The US metals tariffs targeting China are largely driven by concerns over the country's non-market policies and practices, which have allegedly enabled a global glut of steel and aluminum production. This reflects a broader strategy by President Trump to create jobs and bolster domestic production through protectionist measures. The move also marks a significant escalation in tensions between the US and China.
- The use of tariffs as a trade tool can be seen as a form of economic coercion, where the stronger economy imposes its will on weaker economies, raising questions about the legitimacy and effectiveness of this approach.
- How will China respond to these tariffs, and what potential consequences might it have for global trade and economic stability in the months and years to come?