Trump Defends His Tariff Proposals
Former President Donald Trump defended his plans to impose a suite of sweeping tariffs amid concerns among economists that the proposal would raise costs for Americans. Trump has pledged to impose a 10% across-the-board tariff on imported goods as a way to punish other countries and protect domestic industries. Biden and his senior advisers, along with some economists, have argued that Trump’s tariff proposals could prompt a trade war that could hurt the American economy, and potentially worsen inflation.