TOKYO — Since the start of his second presidential term last month, Donald Trump’s moves on trade have raised as many questions as they have answered — particularly when it comes to the direction of the already strong U.S. dollar.
Last week, Trump floated the possibility of imposing reciprocal tariffs on trading partners that he claims have policies that are unfair to the U.S, but did not provide specifics. Earlier, he slapped charges on all aluminum and steel imports and an additional 10% tariff on Chinese goods, while deferring 25% levies on those from Mexico and Canada.
