President Donald Trump didn’t impose tariffs on the first day of his second administration, but he did set the stage for them. Alliance for American Manufacturing (AAM) President Scott Paul and AAM Senior Vice President for Government Affairs & Policy Scott Boos give you their take on the “America First” trade memo Trump issued on Jan. 20 and its implications for U.S. manufacturing. More discussion points from the memo: • Revoking China’s permanent normal trade relations with the U.S. • Evaluating the United States-Mexico-Canada Agreement • Enforcing existing trade laws • Creating new trade enforcement tools • Losing loopholes like de minimis. Photo by Jim Watson/Getty Images