White House, Trump and tariffs
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White House National Economic Council Director Kevin Hassett said Sunday that the administration is confident it will be able to continue its tariff agenda despite recent legal setbacks. “And so we're very thrilled.
One official said that the president is unlikely to delay his initial 90-day pause on some of his highest rates.
President Donald Trump and Chinese President Xi Jinping will speak soon to iron out trade issues including a dispute over critical minerals.
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The White House losing a key tariff court case at the Court of International Trade isn’t the end of the story with respect to the sweeping levies the Trump administration has imposed over the last two months.
Barring a change of heart by the president or intervention by Congress, consumers will have a lot of places to look for rising prices in the coming months.
White House press secretary Karoline Leavitt sharply criticizes the judges on a federal trade court that blocked President Donald Trump from imposing sweeping tariffs on imports under an emergency-powers law.
The White House’s chief economist dismissed the idea that tariff increases will have a lasting impact on US inflation, and cited the potential for interest rates to get back down to pre-Covid levels.
A federal court blocked Trump's "Liberation Day" tariffs this week before an appeals court reinstated them the next day.
Amid court challenges, the White House asserts confidence in President Donald Trump's tariff strategy, emphasizing the administration's focus on maintaining fair trade practices.