3min chapter

Goldman Sachs Exchanges cover image

Trump’s tariffs: Big talk or big action?

Goldman Sachs Exchanges

CHAPTER

Tariffs: Negotiation Strategy vs. Implementation Commitment

This chapter explores the potential role of tariffs on the automotive industry, suggesting they serve mainly as a negotiation strategy rather than a concrete plan. It also examines the necessity of implementing tariffs on steel and aluminum driven by national security, while acknowledging the likely resistance from affected industries.

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