Impose a universal baseline tariff of 10% on most foreign products entering the U.S.
Background
The proposal for a universal baseline tariff of 10% on most foreign products entering the U.S. aims to protect domestic industries and adjust trade balances by making imported goods more expensive. Advocates believe it will bolster local manufacturing and job preservation, while critics warn of increased consumer prices and strained international trade relations. This policy sparks debate over balancing domestic economic interests with the complexities of global commerce.