President Donald Trump is anticipated to look at Tuesday’s White Home press briefing to mark the one-year anniversary of the beginning of his second time period.
White Home Press Secretary Karoline Leavitt teased the shock in a publish on X, saying, ’A really particular visitor can be becoming a member of me on the podium at present…. TUNE IN.”
The uncommon look comes because the president has confronted extraordinary pushback from America’s European allies over his deliberate tariffs over Greenland, tensions he’ll face in individual this week on the World Financial Discussion board in Davos, Switzerland.
Since returning to the White Home in January 2025, Trump has additionally overturned many years of U.S. commerce coverage — constructing a wall of tariffs round what was a large open financial system.
His double-digit taxes on imports from virtually each nation have disrupted international commerce and strained the budgets of customers and companies worldwide. They’ve additionally raised tens of billions of {dollars} for the U.S. Treasury.
Trump has argued that his steep new import taxes are essential to convey again wealth that was “stolen” from the U.S. He says they may slender America’s decades-old commerce deficit and convey manufacturing again to the nation. However upending the worldwide provide chain has confirmed pricey for households going through rising costs. The taxes are paid by importers who sometimes try to move alongside the upper prices to their clients. That features companies and in the end, U.S. households.
And the erratic manner the president rolled out his tariffs — asserting them, then suspending or altering them earlier than conjuring up new ones — made 2025 some of the turbulent financial years in current reminiscence.
