Avoiding Trump's tariffs could be harder for companies and countries this time

President Donald Trump's potential new tariffs may expand to include various countries beyond Canada, China, and Mexico, notably targeting Vietnam and South Korea. Experts suggest that 'more surgical tariffs' could be implemented, focusing on specific nations to address perceived unfair trade practices. This approach stems from a continued emphasis on addressing trade deficits, with Vietnam being notable due to its significant trade deficit of nearly three times that of Canada. The Trump administration is poised to reactivate its focus on tariffs as part of its 'America First Trade Policy.'

President Trump could target a wider range of countries with tariffs, particularly focusing on Vietnam and South Korea, expanding the scope beyond previous trade disputes.

Experts believe this new approach could result in 'more surgical tariffs,' targeting specific countries for trade imbalances, rather than sweeping across multiple nations.

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