Trump, White House and tariffs
Digest more
Scavino and two other top officials sold Trump Media stock with a combined value of up to $10 million before tariffs news
The post Trump's 50 Percent Copper Tariff Will Drive Up Prices for Tech, Homes, Military Equipment, and More appeared first on Reason.com.
The pause on the biggest of Trump's tariffs won't pass this week, as planned, but the problems they present still loom large.
The president’s tariff announcements suggest he has not backed away from his initial strategy, where even smaller trading partners will face tariffs.
On the foreign policy front, Trump said he will send more weapons to Ukraine after the Pentagon paused deliveries of the critically-needed supplies last week. Overnight, Russia launched what Ukrainian officials said was the largest aerial assault since the start of the war.
The Council of Economic Advisers, chaired by Stephen Miran, said in a report this month that, using an analysis of a price index used to track inflation, it has contradicted the idea that
1don MSN
In his new round of tariffs being announced this week, Trump is essentially tethering the entire world economy to his instinctual belief that import taxes will deliver factory jobs and stronger growth in the U.S., rather than the inflation and slowdown predicted by many economists.
Trump and his aides have repeatedly shifted their stance on tariffs since the president’s “Liberation Day” announcement.