The following is an excerpt from an op-ed written by Wendy Cutler, ASPI Vice President, for Foreign Policy.

The tariff announcement by U.S. President Donald Trump on April 2 has fueled intense discussions in capitals around the world on the best way to respond. Initial statements by foreign leaders and trade ministers have conveyed such feelings as surprise, regret, dismay, and betrayal. Not only did Trump’s tariffs go far beyond market expectations, but they also seem to have targeted U.S. partners and allies most acutely.

Countries must now formulate response plans based on their national interests while also taking into account factors such as overall relations with the United States, obligations under the World Trade Organization (WTO), shifting supply chains, areas of potential negotiating leverage, and fears of further U.S. retaliation.

Read the full article here.