My fellow Americans:Prime Minister Nakasone of Japan will be visiting me here at the White House next week. It's an important visit, because, while I expect to take up our relations with our good friend Japan, which overall remain excellent, recent disagreements between our two countries on the issue of trade will also be high on our agenda.As perhaps you've heard, last week I placed new duties on some Japanese products in response to Japan's inability to enforce their trade agreement with us on electronic ...

When Donald Trump unveiled his “Liberation Day” tariffs, the message was clear: the age of free trade was over. Six months on, has America gained anything? https://t.co/XWm8L5vpEj ...

Trade Policy Stance - The previous administration utilized tariffs and the threat of tariffs, primarily targeting China, to encourage behavioral changes with the ultimate goal of reducing trade barriers and expanding trade [1] - The speaker advocates for "free trade with free nations" and a firm stance against trade abusers like China, emphasizing the objective of lowering trade barriers for American prosperity [2] Concerns Regarding Current Policy - The speaker expresses concern that the current administration's broad-based industrial policy, which was paused recently, could ultimately harm the American economy and consumers [1]

Trade Policy & Tariffs - Former US Vice President Mike Pence criticizes President Trump's tariffs, stating they have led to trillions of dollars in lost investments [1] - The analysis suggests a shift in trade policy from leveraging tariffs to lower trade barriers to a broad-based industrial policy with potentially harmful effects on the American economy and consumers [5][6] - The industry emphasizes the importance of free trade with free nations and being tough on trade abusers, aiming to lower trade barriers for American prosperity [7] - Concerns are raised that broad tariffs could lead to a $3,000 increase in the cost of goods for the average American household [24] - The report highlights potential risks of permanent unilateral tariff barriers, advocating for free trade agreements and expansion of trade as key to American growth [13][14] Geopolitical Stance - The analysis commends the current administration's approach to the Middle East, particularly its support for Israel [33][40] - The report suggests that the previous administration's policies towards Iran, including isolating Iran and taking down the ISIS caliphate, had Iran on its back heels [37][38] - The industry expresses concern over the Biden administration's return to a policy of appeasement toward Iran, which is believed to have emboldened enemies of Israel [34] - The analysis advocates for continued military support to Ukraine and punishing sanctions on Russia until a just and lasting peace can be secured [51]