U.S. Trade Policy

SOURCE www.foxnews.com
Secretary of State Marco Rubio talks about the need to reset the global order of trade and how President Donald Trump is right to do so. He criticizes China's trade practices and emphasizes the importance of the U.S. making things again.

Key Points

  • Focus on reshaping the global trade order
  • Criticism of China's trade practices
  • Importance of manufacturing in the U.S. economy

Pros

  • Addressing the imbalance in global trade
  • Creating more manufacturing jobs in the U.S.
  • Protecting American industries from unfair trade practices

Cons

  • Potential negative impact on international trade relationships
  • Possibility of retaliatory tariffs affecting U.S. exports
  • Market uncertainty during the transition period