The president’s vision for reshaping global trade is falling into place, but he is embarking on an experiment that economists say could still produce damaging results.

The Trump administration touts tariffs as part of a wider set of "America First economic policies," which have "sparked trillions of dollars in new investment in U.S. manufacturing, technology, and infrastructure," according to the White House's website.

President Trump is staring down a big week on the economy. White House trade talks are intensifying ahead of Aug. 1 deadline for “reciprocal” tariffs and a Wednesday decision on interest rates from the Federal Reserve.