WASHINGTON—As part of a bold shift in U.S. trade policy, President Donald Trump has ramped up tariffs on Chinese goods, aiming to revive domestic manufacturing and hold Beijing accountable for its decades of market-distorting practices.
At the April 2 “Make America Wealthy Again” event in the White House Rose Garden, Trump unveiled the contours of his global tariff plans, including a 34 percent reciprocal levy on Beijing. The president pointed to China’s currency manipulation and other non-monetary trade barriers.