Explained: Why Team Trump wants universal tariffs
The shift in strategy reflects mounting concerns about inflation, which remains stubbornly high despite Federal Reserve measures. Broad tariffs could exacerbate price increases, impacting both consumers and businesses. Politically, the revised plan seeks to avoid backlash from Congressional Republicans and voters wary of rising costs.
The shift in strategy reflects mounting concerns about inflation, which remains stubbornly high despite Federal Reserve measures. Broad tariffs could exacerbate price increases, impacting both consumers and businesses. Politically, the revised plan seeks to avoid backlash from Congressional Republicans and voters wary of rising costs.
