Trump orders new tariffs to address unfair trade practices
U.S. President Donald Trump has ordered his staff to create new tariffs targeting countries with unfair trade practices. This plan includes assessing existing tariffs, exchange rates, and trade balances, with a report due in 180 days. The announcement follows recent tariff increases on steel and aluminum imports and higher tariffs on Chinese goods. Trump aims to address trade imbalances, particularly with the European Union, India, Vietnam, and Thailand. The White House has expressed concerns about various international tariffs and digital service taxes affecting U.S. companies. While Trump believes these measures will boost U.S. manufacturing, public opinion remains skeptical about the potential economic impact.