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What new trade policy investigation has President Trump announced, and what concerns are being raised about his tariff strategy?

President Trump has ordered his administration to investigate imposing tariffs on countries worldwide that engage in unfair trade practices, specifically targeting foreign nations' value-added taxes (VATs) and criticizing the EU's treatment of the U.S. However, this announcement comes amid growing concerns within his own Republican party about existing tariffs on steel, aluminum, and Chinese imports, as well as proposed 25% tariffs on Canada and Mexico. Industry leaders and Republican senators like Mitch McConnell are expressing significant worries about the negative impact these aggressive tariff policies could have on American industries, workers, and manufacturing competitiveness.

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01:47

From

Trump's Tariff Investigation Announcement

NBC News·7 months ago

Answered in this video

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00:20

How will the proposed 25% tariff affect the US automotive industry?

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00:44

What are the concerns regarding the proposed 25% tariffs on imports from Canada and Mexico?

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00:48

What impact do tariffs have on customers and businesses in the U.S.?

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