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
disguise caption
toggle caption
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 need to concede: his curiosity in them isn’t a passing whim.
He famous that on Wednesday, within the Rose Backyard, when he was saying the most recent, large spherical of tariffs. “I have been speaking about this for 40 years,” he stated.
Using tariffs are a core perception for Donald Trump. Commerce deficits are dangerous, different nations make the most of the U.S. and tariffs are the best way to repair this.
Because the Rose Backyard announcement, markets have plunged, different nations 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 eradicate U.S. commerce deficits. Are commerce deficits really dangerous?
For sponsor-free episodes of Think about This, join Think about This+ through Apple Podcasts or at plus.npr.org.
E-mail us at considerthis@npr.org.
This episode was produced by Connor Donevan.
It was edited by Courtney Dorning.
Our govt producer is Sami Yenigun.