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Trump’s trade demands go beyond tariffs to target perceived unfair practices

  • On April 2, 2025, the Trump administration unveiled sweeping tariffs ranging from 10% to over 50%, targeting multiple countries including China and Japan.
  • The tariffs aim to compel other nations to remove trade barriers defined broadly to include issues beyond tariffs, despite difficult negotiation prospects.
  • The administration also targets non-tariff areas such as currency exchange rates and tax policies, accusing countries like Germany, China, and Japan of currency devaluation and regulatory freeloading.
  • India has consented to enter trade discussions with the United States, as confirmed by Vice President JD Vance, while ongoing delays aimed at safeguarding local farmers and disagreements over access to markets such as Japan’s potato industry highlight persistent political and economic frictions.
  • These policies could lead to higher tariffs on Europe and continued complex negotiations, as many countries likely will not alter tax systems or make substantial trade concessions.
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Trump's trade demands go beyond tariffs to target perceived unfair practices

President Donald Trump's trade war isn't just about tariffs. His new import taxes are based not on specific goods like cars or steel, but on how he thinks other countries have treated the US.

·United States
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Svenska Dagbladet broke the news in Stockholm, Sweden on Saturday, May 3, 2025.
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