Trump’s National Emergency Declaration on Trade Deficits: Reciprocal Tariffs, U.S. Manufacturing Revival and Global Economic Implications in 2025

On April 2, 2025, the White House issued a statement announcing that President Donald J. Trump had declared a national emergency in response to the United States’ persistent trade deficit, a move framed as a decisive step to bolster the nation’s manufacturing base and assert economic sovereignty. This declaration, invoking the International Emergency Economic Powers … Leggi tutto Trump’s National Emergency Declaration on Trade Deficits: Reciprocal Tariffs, U.S. Manufacturing Revival and Global Economic Implications in 2025