How Donald Trump's tariffs were honed in the final hours before rollout

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How Donald Trump's tariffs were honed in the final hours before rollout - Business Standard

Quick Summary:

The small group included Commerce Secretary Howard Lutnick and senior counselor Peter Navarro, the latter of whom famously proved his loyalty to Trump by serving a four-month federal prison sentence linked to the investigation of the Jan.6, 2021 insurrection at the US Capitol.

Foreign capitals and business executives were forced to grapple with how to respond to the biggest US tariff hike in a century, a hammer blow against post-World War II globalization the president has long derided as unfair to the US.

Hours before Trump announced his signature tariff plan, aides were still rushing to hone key elements, including its size and scope as well as how to sell it to the American public and communicate some of its chief objectives.