White House announces “America First Trade Policy”
Memorandum outlines directives for U.S. government agencies to address trade
The White House yesterday issued a memorandum detailing the “America First Trade Policy” that aims to prioritize the U.S. economy, workers, and national security through a “robust” trade strategy.
The memorandum outlines various directives for U.S. government agencies to address trade deficits, unfair trade practices, and economic relations with China. It also includes measures to enhance national security through trade policies and reviews of existing trade agreements. The memorandum mandates several reports to be submitted by April 2025, assessing the impact and effectiveness of these initiatives.