President Trump Promised New, Better Trade Deals. Has He Delivered?

President Trump aimed to reshape U.S. trade policy, focusing on renegotiating NAFTA into USMCA and establishing a phase one trade deal with China. The USMCA awaits Canada's ratification and is expected to have a modest impact on GDP. The China deal's success depends on future commitments. Despite these efforts, the U.S. trade deficit remains similar to pre-Trump levels, with tariffs increasing federal revenue but primarily affecting U.S. importers.

What challenges does the phase one trade deal with China face according to the text?

What impact have Trump's tariffs had on federal revenue from import taxes?