Trump tariffs live updates: President announces 10% universal tariff

2 months ago


Trump vows to put ‘America first’published at 21:51 British Summer Time

Bernd Debusmann Jr
Reporting from the White House

Trump behind a  podium as a person hands him a large chartImage source, Reuters

As with many Trump events, this one comes with props – in this case a chart brought out by Secretary of Commerce Howard Lutnick.

But besides the specifics of the tariffs, there has been little new material to Trump’s comments today.

His speech reminds me of those I heard – repeatedly – on the campaign trail last year, as well as here in the White House during his administration so far.

Some of his comments, for example, have focused on the previous administration of Joe Biden, whom he has repeatedly blamed for the state of the US economy.

For his supporters, today will likely be pointed to as an example of what the Trump team has termed “promises made, promises kept” and Trump’s vows to “put Americans first”.



Source link

Keep exploring EU Venture Capital:  Asia stocks climb as US markets rise despite trade war worries

EU Venture Capital

EU Venture Capital is a premier platform providing in-depth insights, funding opportunities, and market analysis for the European startup ecosystem. Wholly owned by EU Startup News, it connects entrepreneurs, investors, and industry professionals with the latest trends, expert resources, and exclusive reports in venture capital.

Don't Miss

ECB trims rates: Cuts benchmark rates by 25 bps amid Trump tariff risks; growth path now hinges on trade talks

ECB President Christine Lagarde (AP) The European Central Bank lowered its key

Cost cuts tighten: P&G plans to cut 7,000 jobs globally; tariff burden, consumer anxiety drive restructuring

With demand softening and input costs rising, the consumer goods giant looks