彼得森经济研究所：2025年“互惠”关税：它们的真正目的是什么？（英文版）

Claiming they would offset unfair foreign trade practices that cause chronic US trade deficits, President Donald Trump announced “reciprocal” tariffs on countries with large bilateral trade surpluses with the United States, adjusting them most recently on August 1, 2025. But the administration’s use of bilateral US trade deficits as a proxy for unfair foreign trade practices is wrong because imbalances also reflect other causes of trade, such as factor endowments, technological differences, a