Trump Highlights Non-Tariff Trade Practices

AI Summary

According to BlockBeats, U.S. President Donald Trump has outlined eight non-tariff trade practices on social media. These practices include currency manipulation, using value-added tax as tariffs, export subsidies, dumping below cost, and other government subsidies. Additionally, he mentioned agricultural protection standards, such as the EU's ban on genetically modified corn, and protective technical standards, like Japan's bowling ball tests. Trump also highlighted issues of counterfeiting, piracy, and intellectual property theft, which reportedly result in losses exceeding $1 trillion annually.