US Trade Policy refers to the laws, regulations, and practices that govern international trade in the United States. It encompasses the government’s approach to tariffs, trade agreements, import and export regulations, and relations with other countries regarding trade issues. The policy aims to protect domestic industries, promote exports, and establish a fair trading environment. It is influenced by various factors, including economic conditions, political considerations, and global trade dynamics. The US Trade Representative plays a significant role in shaping and implementing this policy, negotiating agreements like NAFTA or the USMCA, and addressing trade disputes. Overall, US Trade Policy is critical for influencing economic growth, international relations, and the competitiveness of American businesses in the global marketplace.
The United States enforces stricter regulations on AI chip exports to protect national security and maintain technological leadership. These measures could hinder innovation and risk alienating allied nations seeking technological…