Powell, White House and Fed
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Trump, tariff
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As President Trump ramps up the pressure on dozens of countries, trade experts fear U.S. tariff policy leaves consumers and businesses in limbo.
Though the overall tariff policy was aggressive, the White House appeared to have heeded those cautions, at least in part. The universal tariff ended up at 10%, not 20% as was discussed at one point.
President Trump has taken an unconventional approach to trade negotiations by sending form letters to foreign leaders.
Trump delayed the "reciprocal tariffs" in April, vowing to strike roughly 90 trade deals in 90 days. So far, the White House says it has reached trade agreements with only the United Kingdom and Vietnam, as well as a preliminary accord with China.
President Trump sent more mixed signals on his tariff policy and bashed Russian President Putin during a Cabinet meeting Tuesday.
The White House relies on a single outlier estimate from a 2024 study by the Coalition for a Prosperous America to claim that a 10 percent tariff "would grow the economy by $728 billion, create 2. ...
— The Trump administration told the U.S. Court of International Trade that narrowing the president’s emergency tariff powers will weaken U.S. global influence and threaten a fragile India ...
Here are the White House's tariff options after losing key court case, according to Goldman Sachs Provided by Dow Jones May 29, 2025, 7:30:00 AM. ... Transparency is our policy.
Are you confused about Donald Trump’s tariff policy, ... Their bewilderment has only intensified with the White House’s recent announcement of trade “deals” with Britain and China.