President Trump signing the executive order on tariffs. Image courtesy of Antonio Graceffo, AI-generated. Critics of President Trump’s April 2, 2025, executive order on tariffs argue that the policy lacks clarity or direction. Yet the order is anything but vague. In fact, it offers one of the most detailed diagnoses of America’s structural trade imbalances in decades—backed by specific data, a national security framework, and a roadmap for restoring fairness in global trade. The problem isn’t the order’s content—it’s that few critics have bothered to read it. At the heart of the executive order is the assertion that large and persistent U.S. goods trade deficits—totaling $1.2 trillion in 2024 and up over 40% in just five years—represent an “unusual and extraordinary threat” to America’s economy…

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