The Clues to Trump's Future Tariffs

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Thanks for reading! If you haven’t subscribed, please click the button below:Subscribe nowBy subscribing you’ll join over 60,000 people who read Apricitas!When Donald Trump imposed sweeping tariffs on almost all overseas imports earlier this month, he also left detailed clues on his next trade war moves.The country-level tariffs announced on April 2nd exempted automobiles, car parts, steel, and aluminum because those goods were already hit with 25% universal tariffs, but the White House also published a large 37-page list of other exemptions for everything from sawdust to gold bullion to potassium chloride. The administration categorized those imports as “copper, pharmaceuticals, semiconductors, lumber articles, certain critical minerals, and energy and energy products”—and followed up days later to add specific exemptions for phones, computers, TVs, and chipmaking machinery. Those goods (with the exception of energy) map directly onto the categories of products Trump has mentioned as targets for separate 25% universal tariffs.In effect, they have revealed the precise list of goods they plan to hit with future tariffs.These tariffs will likely be authorized under Section 232 of the 1962 Trade Expansion Act, just like the automobile, steel, and aluminum tariffs already in place. This law allows the President to restrict imports of select goods if they impair US national security, yet the President is only granted these powers after the Department of Commerce conducts an investigation and determines that these imports actually do threaten national security. All the Section 23…