Can Musk Pull Trump Back From the Tariff Ledge?
Elon Musk has been criticizing Trump’s tariff policy — and publicly. Could there be a strategy?
It Is Happening Every Day, Every Where
Elon Musk has been criticizing Trump’s tariff policy — and publicly. Could there be a strategy?
The president said he would counter Beijing’s tariffs, which came in response to Mr. Trump’s own levies, with even more tariffs on Chinese imports.
Dozens of foreign governments were trying to appeal to the president to have steep tariffs rolled back, but the president and his advisers have indicated negotiations could be difficult.
After years struggling to compete with cheaper, farm-raised imported shrimp, shrimpers from Florida to Louisiana are optimistic that the new tariffs will help them.
Crude oil now costs around 15 percent less than it did before the president revealed his plans to impose stiff new tariffs on imports from most countries.
The president’s top advisers acknowledged President Trump’s sweeping tariffs could raise prices but said an economic adjustment that would ultimately benefit American workers was overdue.
Trump’s political strength is built on the economy. If it sinks, he could drag his party down with him.
President Trump vowed to aid entrepreneurs by reducing taxes and slicing red tape. But some owners say other policies have put them at a disadvantage.
Voters were bracing for the effects of President Trump’s recent tariffs in their own lives, but some said they were, for now, waiting and watching to see how all of this plays out.
President Trump’s tariffs are scrambling the Republican plan for the economy, long centered on tax cuts and growth.