President-elect Trump’s election victory has renewed the focus on international trade as a top-line concern for corporate executives. During the campaign, the president-elect expressed support for tariffs and other trade actions targeting a wide range of countries. GOP policy documents call for “fair and reciprocal” trade agreements, combating trade deficits, and strategic independence from China. The rapid and sometimes unpredictable use of international trade tools—including tariffs, sanctions, investment restrictions, new trade deals, and other measures affecting not only trade in goods but also investments, services, and technology—could figure prominently in the second Trump Administration’s economic and foreign policy agenda.
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