Key facts
- US trade policy evolved from broad measures to targeted restrictions between 2015 and 2024.
- This shift included export bans and licensing requirements.
- These targeted measures preceded recent U.S. tariff policies.
The period between 2015 and 2024 saw a significant evolution in U.S. trade policy. Initially characterized by broader tariff measures, the approach gradually shifted towards more specific restrictions targeting particular industries and technologies. This included the implementation of export bans and licensing requirements, signaling a more strategic and focused application of trade controls.