Quotes
The administration has signalled that rather than imposing universal baseline tariffs, it will focus at least for now on the 'Dirty 15' countries with which the US has the highest trade deficits and largest trade volumes,
Barbara Weisel, former Assistant US Trade Representative for Southeast Asia, explained Those 15 countries represent the bulk of what it sees as the problem. And as a practical matter, negotiating with over 100 countries simultaneously is infeasible,
That can’t be done because each of those goals requires a different trade strategy, and this is not it,
Trump wields tariffs as a blunt instrument to fix everything at once - manufacturing decline, trade imbalances and power shifts,
A sharp market correction or stagflationary developments would likely force Trump’s hand to temper his agenda,