America First Trade Policy

On January 20, 2025, President Donald Trump issued a memorandum titled "America First Trade Policy," emphasizing the need for a trade strategy that prioritizes American economic and national security interests. The memorandum directs various federal departments to investigate persistent trade deficits, unfair trade practices, and currency manipulation, and to propose measures like tariffs to protect American industries. This policy could lead to significant shifts in international trade relations, potentially sparking legal challenges and political debates over its implications for global trade agreements and economic diplomacy.