Trump Expands Tariffs on 60 Economies as Polls Show Rising Disapproval
A majority of U.S. adults say the tariffs go too far, while White House officials argue the duties will revive manufacturing jobs.
- President Donald Trump expanded tariffs ranging from 10% to 12.5% on imports from 60 economies, including major trading partners like the European Union, India, Japan, Canada, and Mexico.
- After the Supreme Court struck down his reliance on a 1977 emergency law in February, Trump turned to Section 301 of the Trade Act of 1974 to justify the duties on unfair trade practices.
- Studies from the New York Fed and Harvard indicate overseas companies have largely not lowered prices to offset tariffs, meaning Americans are primarily absorbing the costs through higher consumer prices.
- Polls show more than 64% of U.S. adults now disapprove of the president's trade policies, up from 58% in January, creating political pressure less than a month before November midterms.
- Critics argue the tariffs undermine a relatively open global trading system, while the administration maintains domestic manufacturing jobs are rising despite the shift away from factory work since 2001.
38 Articles
38 Articles
Trump sticks with tariffs despite rising prices and voter unease before midterms
Donald Trump is pressing ahead with fresh tariffs despite legal setbacks and public criticism. The move has raised fears of higher prices, trade retaliation and a political backlash before the midterms.
Trump sticks with tariffs even as U.S. voters turn against them before the midterms
Despite higher prices, criticism from trade experts and displeasure among voters, Trump holds fast to his belief that imposing the highest import duties on U.S. trading partners since the Great Depression is a winner.
Associated Press News
Trump sticks with tariffs even as US voters turn against them before the midterms
President Donald Trump shows no signs of budging from a trade policy that many Americans don't like as the midterm elections loom.
Perhaps US President Donald Trump really believes that "the tariff is the most beautiful word in the dictionary, I write to the journalists at the Associated Press, in an analysis of the situation in the US before the midterms elections.
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