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Trump’s Tariffs Shake Global Trade, Targeting Key Partners & Industries
Benzinga
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3/15/2025
President Donald Trump has intensified trade policies in his second term, imposing broad tariffs to reduce the U.S. trade deficit, according to Bloomberg.
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00:00
It's Benzinga bringing Wall Street to Main Street.
00:02
Donald Trump has intensified trade policies in his second term,
00:05
posing broad tariffs to reduce the U.S. trade deficit.
00:08
According to Bloomberg, trade deficit reached over one trillion dollars in 2024,
00:13
and the tariffs target key trading partners, industries and materials.
00:17
Trump has threatened Mexico and Canada with auto tariffs despite many vehicles
00:20
containing U.S. made parts and being produced in American owned factories.
00:25
Many imports involve U.S. intellectual property
00:27
or production links shipped to other countries, complicating trade dynamics.
00:32
For all things money, visit Benzinga.com slash GSTV.
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