Donald Trump has often said that his “favourite word” is “tariff”. Surely “deal” would come a close second.
The president’s new term in the White House has been dominated by a protectionist agenda aimed at restoring America’s domestic manufacturing base and jobs.
His primary objective is cutting America’s trade deficit – by which the country imports more in value terms, than it exports.
That gap, the largest for any country in the world, stands at about $1.1trn (£830bn) annually.
The threat of, and later, the implementation of stop-start tariffs has flung the global trade order into chaos, with some companies and traditional trading partners taking the opportunity of a “deal”, when able to.
Trump has claimed that his work to date is worth $10trn (£7.5trn) to the US economy but experts have said the values are likely to be much lower and almost impossible to quantify.
Here, we outline some of the big deals to have been claimed so far in a bid to achieve Trump’s economic and trade goals.
