President Trump’s reciprocal tariffs are on pause – for now. Countries now have an additional 90 days to negotiate trade deals with the United States, with the exception of China, against which the administration has levied 125% tariffs. But the Trump administration would be well-served to use this time to consider how their ambitious policies can best advance the administration’s economic goals. In the next few weeks, the U.S. must decide: Will it negotiate nuanced policies that secure its economic leadership, or risk undermining its influence with blanket restrictions that will raise costs and disrupt supply chains?
