Chad P. Bown, Reginald Jones Senior Fellow at PIIE, provides an update on US trade policy and the international response, highlighting the difference between the first and second Trump administration’s tariff actions. He says moving forward, trade volumes, tax burdens, and supply chains are what to keep an eye on.
This presentation was delivered at the PIIE Global Economic Prospects: Spring 2025 event on April 15, 2025.