president Donald Trump Many reasons have been cited Steep new tariffs on U.S. trading partners. Some reasons are contradiction Economists say, between each other.

Trump announced Wednesday that all imported goods will be subject to new 10% tariffs, as well as additional taxes from major exporters including China, India, Vietnam and the EU.

Those responsibilities, combined with others announced earlier this year, raise the U.S. effective tariff rate from 2.3% in 2024 to about 24%, the highest in 125 years, according to a report by Capital Economics Wednesday.

• Tariff Club Restore manufacturing in the United States. Trump has long believed that protectionist trade policy is the only way to maintain and develop American factory work. Economists widely disagree. “This trade war is not the motivation to return to the United States,” Andre C. Winters Supply Chain Consulting Company Hudsonwinters told CNBC. “Companies will reduce labor costs to other countries and then they will return manufacturing before returning to the U.S.,” Winters said.

• this income Collected through tariff importers (passing fees to consumers) will help offset Trump’s plan to cut taxes. According to Yale University Budget Lab analyzeall relevant taxes so far will raise $2.5 trillion in a decade if they remain in place. The Republican tax package is expected to cost at least $4 trillion in a decade.

• Tariff revenue will help pay off state debt, Trump repeated his claims at the White House on Wednesday.

• The threat of tariffs and tariffs will provide Trump with leverage to force other countries to lower their own trade barriers to U.S. goods.

• Tariffs could help reduce fentanyl deaths in the United States by putting pressure on Canada and Mexico to stop cross-border drug trafficking.

• Trump said tariffs could solve what he called the problem of U.S. defense industrial base, which has become a problem of “reliance on foreign opponents.”

• Tariffs can be reduced Trade deficit For example, a company operated by the United States and China reached about $295 billion in 2024. In the United States, compared with the United States (such as the United States), some new countries suffer from difficult trade surpluses in countries have A surplus of US$18 billion in 2024.

• Tariffs will stimulate the U.S. economy. Trump and his trade advisers believe the tariffs force U.S. buyers to seek domestic products because foreign products become too expensive, increasing U.S. jobs and increased prosperity. But economists believe that tariffs are used to promote work in protected industries such as steel Injure all departments Steel needs to be purchased to produce its products. On a net basis, the higher costs of U.S. goods may make U.S. job expenses.