What Trump says he's trying to accomplish with tariffs
- President Trump announced tariffs on imports from major exporters on Wednesday.
- Trump aims to return manufacturing jobs to the U.S. By levying these tariffs.
- The tariffs, exceeding $400 billion annually, could raise the average U.S. Tariff rate to 24%.
- Treasury Secretary Scott Bessent stated, "Let's see where this goes, because if you retaliate, that's how we get escalation."
- Economists suggest tariffs may not close the trade deficit and could harm consumers.
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Trump’s tariffs are what he says they are: weapons of blunt-force, wrong-headed protectionism
The U.S.’s trade policy will raise taxes without raising revenue, increase prices while depressing employment, and limit both imports and exports – and all that, on the basis of a fundamental misread of what trade deficits mean
·Canada
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Total News Sources11
Leaning Left3Leaning Right0Center2Last UpdatedBias Distribution60% Left
Bias Distribution
- 60% of the sources lean Left
60% Left
L 60%
C 40%
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