Big Take Is Trump’s Trade War Strategy Working?
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Aug 1, 2025 
Brendan Murray, Bloomberg’s global trade editor, dives into the shifting landscape of international trade under President Trump. He discusses the aftermath of Trump's 10% global tariff, revealing how it has reshaped negotiations, particularly with China and the EU. The conversation highlights the use of tariffs as diplomatic tools and assesses the mixed outcomes of Trump's trade strategies, especially regarding India. Lastly, Murray contrasts managed trade with traditional free trade practices, pondering the future of global trade dynamics.
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Trump's Trade Strategy Shift
- President Trump is redefining trade deals to lower trade and bring production back to the U.S.
- His strategy breaks longstanding economic ties with traditional trading partners.
Tariffs as Foreign Policy Tools
- Trump uses tariffs as geopolitical tools, not just economic levers.
- Tariffs enforce U.S. priorities in international conflicts and politics.
Leveraging Trade Deals Regionally
- Trump's trade deals leverage agreements to build influence regionally.
- The process is ongoing and unlikely to ever be fully settled.