Trump’s Next Trade Targets

Trump’s Next Trade Targets

The US and China may be on the verge of resolving – or at least cooling – a heavyweight trade fight that's already seen them slap tariffs on $360 billion worth of each other's goods. If all goes according to plan, a deal will be in place ahead of a summit later this month between President Trump and Chinese President Xi Jinping.

But that won't spell the end of the Trump administration's aggressive bid to remake the global trading order. Emboldened by their apparent successes in renegotiating NAFTA as well as the China trade relationship, Mr. Trump and his hardline trade czar Robert Lighthizer are now going to train their sights on a whole slew of other countries where they think they can win terms more favorable to US industry:


Japan: The US announced this week an investigation into Japanese titanium exports on national security grounds. The Trump administration wants to cajole Japan into accepting quotas on its auto exports and lowering its import tariffs on US beef and agricultural goods. But with upcoming local and parliamentary elections, the Japanese government will be reluctant to offer quick concessions. That means the US could be heading for long and acrimonious negotiations with its closest Asian ally.

European Union: President Trump wants the EU to remove its massive industrial and agricultural subsidies, and has threatened import tariffs on EU cars if he doesn't get his way. European politicians are loathe to scrap support to hugely influential voting blocs, but Mr. Trump can inflict real pain on EU automakers, who are the largest exporters of vehicles to the US. In July of last year, the US and EU agreed to a temporary trade truce while Trump focused on China, but with a Beijing deal in the bag, the US president will be spoiling for a fresh fight. Trump must make a final decision on auto tariffs before May 17.

Emerging economies: The US isn't just taking aim at rich countries. This week the White House announced it would end preferential treatment for India and Turkey under a decades-old trade regime intended to promote growth and prosperity in poorer economies.

The Trump administration's beef is that India hasn't opened up its industries to US firms and that Turkey is wealthy enough to no longer be coddled with special treatment. Note that India and Turkey are just two of 121 countries currently given such benefits, so Trump and Lighthizer may soon go after other targets.

The bottom line: As the dust begins to settle between the US and China, the Trump administration's appetite for trade fights is as strong as ever.

Carbon has a bad rep, but did you know it's a building block of life? As atoms evolved, carbon trapped in CO2 was freed, giving way to the creation of complex molecules that use photosynthesis to convert carbon to food. Soon after, plants, herbivores, and carnivores began populating the earth and the cycle of life began.

Learn more about how carbon created life on Earth in the second episode of Eni's Story of CO2 series.

As we enter the homestretch of the US presidential election — which is set to be the most contentious, and possibly contested, in generations — Americans are also voting on 35 seats up for grabs in a battle for the control of the Senate. The 100-member body is currently held 53-47 by the Republican Party, but many individual races are wide open, and the Democrats are confident they can flip the upper chamber of Congress.

Either way, the result will have a profound impact not only on domestic policy, but also on US foreign relations and other issues with global reach. Here are a few areas where what US senators decide reverberates well beyond American shores.

More Show less

For many, Paul Rusesabagina became a household name after the release of the 2004 tear-jerker film Hotel Rwanda, which was set during the 1994 Rwandan genocide.

Rusesabagina, who used his influence as a hotel manager to save the lives of more than 1,000 Rwandans, has again made headlines in recent weeks after he was reportedly duped into boarding a flight to Kigali, Rwanda's capital, where he was promptly arrested on terrorism, arson, kidnapping and murder charges. Rusesabagina's supporters say he is innocent and that the move is retaliation against the former "hero" for his public criticism of President Paul Kagame, who has ruled the country with a strong hand since ending the civil war in the mid 1990s.

More Show less

From climate change to connecting more people to the Internet, big companies like Microsoft are seeing an increasing role within multilateral organizations like the UN and the World Health Organization. John Frank, Microsoft's VP of UN Affairs, explains the contributions tech companies and other multinational corporations are making globally during this time of crisis and challenge.

7: Among the 10 nations showing the highest COVID-19 death rates per 100,000 people, seven are in Latin America. Weak health systems, frail leadership, and the inability of millions of working poor to do their daily jobs remotely have contributed to the regional crisis. Peru tops the global list with nearly 100 fatalities per 100,000 people. Bolivia, Brazil, Chile, Mexico, and Colombia are also in the top 10.

More Show less
UNGA banner

GZEROMEDIA

Subscribe to GZERO Media's Newsletter: Signal

Episode 4: The World Goes Gray

Living Beyond Borders Podcasts