As trade negotiations with China resume this week, the Trump administration is racing to strike a deal that will result in long-term reforms—and prove that tariffs are an effective battering ram to open markets around the world.
The president is pursuing an ambitious agenda that envisions remaking U.S. commercial ties from Asia to Europe to North America, advancing new deals this year covering about 40% of the global economy.
But each initiative faces major obstacles before yielding results, including resistance from trading partners, domestic political opposition and disagreements inside the administration.
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