TARIFFS

• Rectify Trade Imbalances: Intended to counteract non-reciprocal trade practices (like high foreign tariffs and non-tariff barriers) that contribute to large U.S. goods trade deficits. 

• Strengthen U.S. Manufacturing: Aims to reverse the "hollowing out" of the domestic manufacturing and defense-industrial base by reducing reliance on foreign imports. 

• Enhance National Security: Declares the trade deficit a national emergency and seeks to improve military readiness and supply chain resilience by restoring domestic production capacity. 

EXECUTIVE ORDER 14257