

US President Donald Trump holds a chart as he delivers remarks on reciprocal tariffs throughout an occasion within the Rose Backyard entitled “Make America Rich Once more” on the White Home on Wednesday.
BRENDAN SMIALOWSKI/AFP through Getty Pictures
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BRENDAN SMIALOWSKI/AFP through Getty Pictures
US President Donald Trump holds a chart as he delivers remarks on reciprocal tariffs throughout an occasion within the Rose Backyard entitled “Make America Rich Once more” on the White Home on Wednesday.
BRENDAN SMIALOWSKI/AFP through Getty Pictures
No matter you consider President Trump’s tariffs, there’s one level you must concede: his curiosity in them is just not a passing whim.
He famous that on Wednesday, within the Rose Backyard, when he was asserting the newest, huge spherical of tariffs. “I have been speaking about this for 40 years,” he mentioned.
Using tariffs are a core perception for Donald Trump. Commerce deficits are unhealthy, different international locations reap the benefits of the U.S. and tariffs are the way in which to repair this.
For the reason that Rose Backyard announcement, markets have plunged, different international locations have promised to retaliate, and members of his personal occasion have spoken out in opposition to the tariffs.
Trump’s tariff plan is designed to remove U.S. commerce deficits. Are commerce deficits truly unhealthy?
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This episode was produced by Connor Donevan.
It was edited by Courtney Dorning.
Our govt producer is Sami Yenigun.