Representative Scott Peters (D-CA) discusses the future of international trade policy, the next steps he would like to pursue for the state of California, and his perspective on the role of states in promoting U.S. trade.
Though declaring the United States "open for business," President Trump affirmed his preference for bilateral trade. And while trying to reassure the world that "America First does not mean America alone," he continued to set preconditions on international cooperation.
Those attending Davos would be wise to realize that some of Trump’s populist message may be right. Likewise, the president must recognize that “making America great again” requires the U.S. to shape the world in partnership with others.
President Trump announced the first sweeping tariffs of his administration, enacting tariffs on solar panels and components from nearly every country in the world—but they create virtually no winners and a broad swathe of losers across the economy.