President Donald Trump's combative approach to trade has been one of the main constants among his often-shifting political views. And he's showing no signs of backing off now.
of his presidential bid, promising to “bring back our jobs from China, from Mexico, from Japan, from so many places.”helped forge his path to victory in states such as Pennsylvania, Michigan, Wisconsin and Ohio, where he linked the loss of manufacturing jobs to the North America Free Trade Agreement and other trade deals. He warned the worst was yet to come with President Barack Obama’s proposed Trans-Pacific Partnership.
“This is so easy. I love saying this. I will use every lawful presidential power to remedy trade disputes, including the application of tariffs consistent” with existing trade laws, Trump said. Of course, America’s trading partners haven’t let Trump’s tariffs stand without taking similar action themselves. Farmers, boat makers and whiskey and wine producers are just some of the U.S. industries caught in the middle.
Fast-forward nearly three decades, and Trump declared in his 2015 announcement for the presidency that other nations were prospering at America’s expense. “When was the last time anybody saw us beating, let’s say, China, in a trade deal? They kill us. I beat China all the time,” Trump said. Trump has received some encouragement from Democratic leaders. Senate Minority Leader Chuck Schumer, D-N.Y., tweeted to Trump: “Don’t back down. Strength is the only way to win with China.”
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