President Trump is set to announce a significant reciprocal tariffs initiative in the Rose Garden, aiming to rebalance trade and revive American jobs. However, the stock market reacted negatively, reflecting fears of a potential trade war impacting inflation and global growth. As Americans express tariff fatigue, supported by a recent CBS News poll, the White House maintains its stance despite threats of retaliation from European leaders. The proposal reportedly includes tariffs of about 20% on numerous imports, contributing to increased uncertainty, particularly in the auto industry.
President Trump plans to announce a reciprocal tariffs strategy aimed at rebalancing trade and bringing jobs back to the U.S., amid rising inflation concerns.
The White House appears unfazed by retaliatory threats from European leaders, continuing to push their tariffs strategy even as consumer sentiment worsens.
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