One point all can likely agree on in these divisive times is that the Trump Administration’s international trade policy has been aggressive. Over the past four years, we have been clinging to our seats on the rollercoaster ride with some pretty challenging peaks and valleys:
- Section 301 tariffs on over $370 billion worth of imports from China, under which over $68 billion in total duties have been assessed;
- Replacement of NAFTA with the United States-Mexico-Canada Agreement (USMCA);
- Withdrawal from the Trans Pacific Partnership (TPP); and
- Imposition of Section 232 steel and aluminum tariffs, under which over $9 billion in total duties have been assessed.