Donald Trump

Who does Trump have a trade war with?

Trump is a skeptic of multilateral trade deals, as he believes they indirectly incentivize unfair trade practices that then tend to go unpoliced. He favors bilateral trade deals, as they allow one party to pull out if the other party is believed to be behaving unfairly. Trump favors neutral or positive balances of trade over negative balances of trade, also known as a "trade deficit". Trump adopted his current skeptical views toward trade liberalization in the 1980s, and he sharply criticized NAFTA during the Republican primary campaign in 2015. He withdrew the U.S. from the Trans-Pacific Partnership (TPP) negotiations, imposed tariffs on steel and aluminum imports, and launched a trade war with China by sharply increasing tariffs on 818 categories (worth $50 billion) of Chinese goods imported into the U.S. On several occasions, Trump has said incorrectly that these import tariffs are paid by China into the U.S. Treasury.


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