Trump calls it unfair that some countries apply higher tariffs to specific American goods than the U.S. applies back. A new executive order seeks to change that.

Since the 1960s, tariffs — or import taxes — have emerged from negotiations between dozens of countries. Trump wants to seize the process. “Obviously, it disrupts the way that things have been done for a very long time,

Trump has always been concerned about a lack of reciprocity with US trade partners, believing that is why the US has been having trade deficits. Last year, the US trade deficit in goods rose by 14%. The president wants to solve this problem by imposing tariffs.