Trump’s New ‘Forced Labor’ Tariffs Were Set Under Sham Pretenses
President Donald Trump has made clear from very early in his second term that he intends to reorder global trade by instilling permanent tariffs. More than a year later, his government has proven relentless in its attempt. Compounding the growing inflationary pressures from his ill-conceived war in Iran, Trump on Friday set a new round of tariffs ranging from 10% to 12.5% on products from more than 80 countries.
But like other aspects of the administration’s signature policies — from bogus Justice Department investigations to unfounded claims of widespread national voter fraud — the stated reasons behind the administration’s freshest round of tariffs smell like a sham, a former trade official and international trade policy expert told TPM.
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