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US. government (the former president's administration) to address the trade imbalance of the United States by: Threatening to impose new trade tariffs on particular imports
US. government (the former president's administration) to address the trade imbalance of the United States by:
- Threatening to impose new trade tariffs on particular imports from certain foreign exporting nations; and
- Attempting to replace existing, congressionally approved, bilateral trade agreements (such as the North American Free Trade Agreement or NAFTA) with a new agreement (such as the United States, Mexico, andCanada Agreement).
In your original post:
- Summarize your understanding of the federal government's efforts;
- Offer your assessment as to the appropriateness and effectiveness of these efforts from an economics perspective; and
- Briefly state what international trade policies you would recommend going forward.
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