President Trump has been widely criticized for declaring that most of the world imposes higher tariff and non-tariff trade barriers on the U.S. than we do on them.
Now, the World Bank’s top economists have effectively endorsed President Donald Trump’s complaints and have called for U.S. trading partners to agree to lower tariffs across-the-board.
“This favorable access to the U.S. market could not be sustained indefinitely,” says Indermit Gill, the World Bank’s chief economist.
We still hope that Trump will offer bilateral zero tariff deals with our major and friendly trading partners.