What is President Trump's approach to creating fair international trade practices?

President Trump's trade philosophy, as explained by Peter Navarro, centers on the principle of reciprocal tariffs - "whatever they charge, we charge." This Fair and Reciprocal Plan aims to eliminate trade inequities by ensuring equal treatment in international commerce. The policy addresses significant trade deficits, particularly with Europe in the automotive sector, by matching foreign tariffs rather than accepting unfavorable terms. This approach seeks to protect American industries from being undercut while strengthening national security and preserving domestic jobs through equitable trade practices.