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Making sense of Trump’s tirades on trade

Updated : June 12, 2018 11:10 AM IST

The first agreement that Trump tore up was the Transpacific Partnership (TPP) that would have opened trade between 12 countries, that control 40% of the world’s GDP.
He has had the North American Free Trade Agreement (NAFTA) in his crosshairs, and he has no qualms about imposing tariffs on goods from other nations, citing national interest as the criteria.
Recently the Americans imposed a 25% tariff on steel and a 10% tariff on aluminium.
Making sense of Trump’s tirades on trade

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