Trump Modifies U.S. Import Tariffs, Triggering Potential Trade Shifts

President Trump has signed an executive order modifying U.S. import tariffs, potentially reducing some goods to zero tariffs after trade agreements are finalized. This move aims to improve trade efficiency and target economically sensitive sectors as per the legislation passed in support of the order. However, Section 232 tariffs on steel and aluminum remain unchanged, raising concerns about potential price increases for consumers and a broader impact on the economy. )