U.S. President Donald Trump has publicly identified eight key non-tariff trade practices that he believes have long disadvantaged American industries in global markets.
Trump, who had previously introduced a foreign tariffs program in April to counter trade imbalances, emphasized these non-tariff practices in a recent post on his social platform, Truth Social, under the headline “Non-Tariff Cheating.”
Key Non-Tariff Barriers Listed by Trump
According to the post, the eight major practices include:
- Currency Manipulation
- Value-Added Taxes (VATs) acting as indirect tariffs
- Export Subsidies and Other Government Incentives
- Dumping Products Below Cost
- Agricultural Restrictions like the EU’s ban on genetically modified corn
- Protective Technical Standards, e.g., Japan’s bowling ball test
- Intellectual Property Theft, including counterfeiting and piracy—reportedly costing over $1 trillion annually
- Transshipping, a strategy used to bypass direct tariffs
Trump argues these practices create unfair advantages for foreign producers while undermining U.S. manufacturers and workers.
“The businessmen who criticize tariffs are weak in both business and politics. They fail to recognize that I am the biggest ally American capitalism has ever seen,” he stated.
The former president also mentioned that many global leaders and CEOs have approached him since his declaration of “Liberation Day”, seeking relief from American-imposed tariffs.
Trump’s Call for Economic Reciprocity
Trump insists that these unfair tactics must be corrected to restore the U.S.’s economic strength and achieve true reciprocity in trade. He encourages international businesses to invest directly in the U.S., asserting that building within America is the most viable path forward.
Context and Global Reactions
The tariffs initiative initially ignited tension between the U.S. and major global powers, notably China and the European Union. While the U.S. temporarily suspended the tariffs for 90 days, the debate around fair trade and non-tariff barriers remains a major issue in international relations.
For a comprehensive understanding of trade policy implications, refer to this Harvard Business Review analysis on U.S. trade policy.
Related Post:
How Tariffs Affect Global Markets and Local Businesses
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