President Trump’s announcement of sweeping universal and so-called reciprocal tariffs on countries around the world drew a swift rebuke on Wednesday from business groups, trade experts, Democratic lawmakers and many economists who warned that they would raise prices for American consumers and slow economic growth.
Americans’ Reaction to Trump’s Tariffs Vary From Worried to Enthused
Source: New York Times |
Author: Alan Rappeport and Colby Smith |
Original URL: View Original
Critics warned that the levies could fuel inflation and slow economic growth, while those who supported the move said it was long overdue.
Summary
Americans’ Reaction to Trump’s Tariffs Vary From Worried to Enthused. Critics warned that the levies could fuel inflation and slow economic growth, while those who supported the move said it was long overdue.
