Trade and Tariff Reform

Trade and tariff reform involves changing the rules and taxes (tariffs) that countries impose on imported and exported goods. The goal is to create fairer, more efficient international trade by reducing unnecessary tariffs, simplifying regulations, and encouraging competition. This can help lower prices for consumers, boost economic growth, and strengthen international relationships. Essentially, trade reform aims to make it easier and more beneficial for countries and businesses to buy and sell across borders, promoting a more open and balanced global economy.