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Trump at (trade) war

Trump at (trade) war

Boston Globe16-04-2025
'This isn't how presidents go to war,' said Andrew J. Bacevich Jr., professor emeritus of international relations and history at Boston University. 'The only explanation for Trump's behavior and the rhetorical posture he takes is that he has persuaded himself, and he thinks he has persuaded us, that whatever he does as the ultimate authority will be a resounding success.'
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Modern wartime presidents from Woodrow Wilson to George W. Bush have followed an ineluctable pattern of preparing and then leading the country into war, even conflicts following unexpected provocations such as the 1941 attack on Pearl Harbor and the 2001 attacks by al Qaeda.
They had deep discussions with their aides and outside their own circle of counselors. They consulted with Congress. They reached out to members of the opposite party to seek, and win, bipartisan backing for their war plans. They delivered major addresses to explain the rationale for war and to rally the country. They asked for the support of other nations and fortified alliances. They set out goals.
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Trump prizes his image as a different kind of president, as a disrupter who pays no heed to the barriers other chief executives have honored, who acts by instinct, and who is not governed by convention or tradition. In that regard, the president's tariffs do fit a pattern — his, not those of his predecessors.
Bill Clinton, George W. Bush, and Barack Obama were devoted readers of presidential biographies. Mr. Trump is ahistorical. Two months into his first term, he spoke of Abraham Lincoln during a
And though the Constitution makes plain that trade policy is the province of Congress — both the House Ways and Means Committee and the Senate Finance Committee have trade subcommittees — Trump hasn't been reading congressional leaders into his plans, let alone seeking legislative approval from them.
Sen. Reed Smoot (R-Utah), left, and Rep. Willis C. Hawley (R-Oregon) outside the US Capitol in December 1929. Their tariff bill was debated by the Senate and signed into law by President Herbert Hoover in June 1930.
National Photo Company/Library of Congress
Former presidents Lyndon B. Johnson (in the case of the Gulf of Tonkin resolution that led to the Vietnam War), George H.W. Bush (the Gulf War), and George W. Bush (the War on Terror and the invasions of Afghanistan and Iraq), sought, and won, the support of Congress for their military actions. The Senate (98-0) and the House (420-1) approved the Bush initiative to track down and punish those responsible for the 9/11 attacks.
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'It's always best if Congress ratifies the reality,' said Andrew H. Card Jr., who was White House chief of staff in President George W. Bush's administration at the time. 'Trump's been less cognizant of getting Congress involved. And there's the need for a nationwide address — a real speech, not sound bites, setting out the path to success and what constitutes success.'
Trump also has spurned the more narrow, but more directly relevant, presidential pattern in trade policy.
'To change the direction of policy overnight in such a huge way is historically unprecedented,' said Douglas Irwin, the Dartmouth College economist regarded as the leading academic authority on tariffs. 'Whenever you get big shifts in the direction of trade policy, it's important to get consensus, to set out goals.'
Ordinarily, lawmakers and executive-branch officials modify current trade duties only slightly. These modest adjustments customarily are incremental — but even then, they're subject to extensive debate.
The most historically significant modern tariff bill, the Smoot-Hawley Tariff Act of 1930, was the subject of extensive public debate and took a year and a half to win congressional approval. The North American Free Trade Agreement, known as NAFTA, was supported by three presidents — two Republicans, Ronald Reagan and the elder Bush, and one Democrat, Clinton. Trump's major first-term tariff initiatives, the duties against China and the steel tariffs, both promulgated in 2018, were subject to more considerable study than the current round.
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'In this case, within weeks, a half-dozen people came up with huge changes in the direction of trade policy affecting allies, trading partners, and so many businesses,' said Irwin. 'Agreements approved by Congress — out the window. Agreements Trump made himself — out the window. This isn't good policy making.'
This column first appeared in
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David Shribman is a nationally syndicated columnist. He can be reached at
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Flurry of trade deals offers relief for some Asian countries, while others wait
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Asian markets gain, with Japan's Nikkei up 3.5%, lifted by deal on Trump's tariffs
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Flurry of trade deals offers relief for some Asian countries, while others wait
Flurry of trade deals offers relief for some Asian countries, while others wait

Boston Globe

time13 minutes ago

  • Boston Globe

Flurry of trade deals offers relief for some Asian countries, while others wait

The deals reached so far, ahead of Trump's Aug. 1 deadline Trump and Japanese Prime Minister Shigeru Ishiba announced a deal Wednesday that will impose 15% tariffs on U.S. imports from Japan, down from Trump's proposed 25% 'reciprocal' tariffs. Advertisement It was a huge relief for automakers like Toyota Motor Corp. and Honda, whose shares jumped by double digits in Tokyo. Trump also announced trade deals with the Philippines and Indonesia. After meeting with Philippine President Ferdinand Marcos, Jr., Trump said the import tax on products from his country would be subject to a 19% tariff, down just 1% from the earlier threat of a 20% tariff. Get Starting Point A guide through the most important stories of the morning, delivered Monday through Friday. Enter Email Sign Up Indonesia also will face a 19% tariff, down from the 32% rate Trump had recently said would apply, and it committed to eliminating nearly all of its trade barriers for imports of American goods. Earlier, Trump announced that Vietnam's exports would face a 20% tariff, with double that rate for goods transshipped from China, though there has been no formal announcement. Advertisement Talks with China may be extended Negotiations with China are subject to an Aug. 12 deadline, but it's likely to be extended, Bessent told Fox Business on Tuesday. He said the two sides were due to hold another round of talks, this time in Sweden, early next week. Meanwhile, Trump said a trip to China may happen soon, hinting at efforts to stabilize U.S.-China trade relations. A preliminary agreement announced in June paved the way for China to lift some restrictions on its exports of rare earths, minerals critical for high technology and other manufacturing. In May, the U.S. agreed to drop Trump's 145% tariff rate on Chinese goods to 30% for 90 days, while China agreed to lower its 125% rate on U.S. goods to 10%. The reprieve allowed companies more time to rush to try to beat the potentially higher tariffs, giving a boost to Chinese exports and alleviating some of the pressure on its manufacturing sector. But prolonged uncertainty over what Trump might do has left companies wary about committing to further investment in China. No deals yet for South Korea and other Asian countries Pressure is mounting on some countries in Asia and elsewhere as the Aug. 1 deadline for striking deals approaches. Trump sent letters, posted on Truth Social, outlining higher tariffs some countries will face if they fail to reach agreements. He said they'd face even higher tariffs if they retaliate by raising their own import duties. South Korea's is set at 25%. Imports from Myanmar and Laos would be taxed at 40%, Cambodia and Thailand at 36%, Serbia and Bangladesh at 35%, South Africa and Bosnia and Herzegovina at 30% and Kazakhstan, Malaysia and Tunisia at 25%. Nearly every country has faced a minimum 10% levy on goods entering the U.S. since April, on top of other sectoral levies. Advertisement Economists expect tariffs to sap growth even with trade deals Even after Trump has pulled back from the harshest of his threatened tariffs, the onslaught of uncertainty and higher costs for both manufacturers and consumers has raised risks for the regional and global economy. Economists have been downgrading their estimates for growth in 2025 and beyond. The Asian Development Bank said Wednesday it had cut its growth estimate for economies in developing Asia and the Pacific to 4.7% in 2025 and 4.6% in 2026, down 0.2 percentage points and 0.1 percentage points. The outlook for the region could be further dimmed by an escalation of tariffs and trade friction, it said. 'Other risks include conflicts and geopolitical tensions that could disrupt global supply chains and raise energy prices,' as well as a deterioration in China's ailing property market. Economists at AMRO were less optimistic, expecting growth for Southeast Asia and other major economies in Asia at 3.8% in 2025 and 3.6% next year. While countries in the region have moved to protect their economies from Trump's trade shock, they face significant uncertainties, said AMRO's chief economist, Dong He. 'Uneven progress in tariff negotiations and the potential expansion of tariffs to additional products could further disrupt trade activities and weigh on growth for the region,' he said.

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