Regulating Imports with a Reciprocal Tariff to Rectify Trade Practices that Contribute to Large and Persistent Annual United States Goods Trade Deficits
The order directs Federal agencies to regulate imports with a reciprocal tariff to rectify trade practices that contribute to large and persistent annual U.S. goods trade deficits. It calls for an investigation into the causes of these deficits, including the economic and national security implications, as well as a review of any unfair trade practices by other countries. The order also emphasizes the need to address non-reciprocal trading practices of U.S. trading partners and the impact of their domestic economic policies on U.S. trade.