Screenshot / White House Video President Trump’s tariffs are already having an impact. Earlier this week, Trump announced a sweeping new trade policy that included a universal 10 percent tariff on all imports into the United States. In addition to this baseline measure, the administration introduced a system of reciprocal tariffs targeting countries with significant trade surpluses over the U.S. The tariffs vary in severity, with higher rates imposed on nations deemed to have particularly unbalanced trade relationships or who refuse to buy American goods. However, many countries are already offering the U.S. concessions: Vietnam — Following the announcement of a nearly 50 percent tariff on their imports, Vietnam has immediately entered negotiations with the White House. President Trump reported a “very productive call” with…
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