Swiss Army Knife of Tariffs: Trump’s Multifaceted Trade Strategy
Source: If the Swiss Army Knife Is Made in America, Is It Still Swiss? (2025-09-23)
The article explores how former President Donald Trump employed a diverse array of tariffs as a central tool in his trade policy, targeting China, European allies, and other nations to reshape global economic relations. These tariffs served multiple purposes, including pressuring countries to change trade practices, protecting American industries, and leveraging negotiations to secure better terms for the U.S. Experts analyze the long-term impacts of Trump’s tariff approach, noting both its immediate effectiveness and potential drawbacks. While some industries benefited from protectionist measures, others faced higher costs and supply chain disruptions. The article discusses the ongoing debate over whether such a multifaceted tariff strategy ultimately strengthened or hindered the U.S. economy and its global standing.