Trump doubles down on tariffs, betting long-term gains for Americans

Quick Summary:

The tariff announcement was the latest and perhaps boldest manifestation of Trump's second-term freedom to lead with his instincts after feeling his first turn in the Oval Office was restrained by aides who did not share his worldview.

Not even 24 hours after his party lost a key Wisconsin race and underperformed in Florida, President Donald Trump followed the playbook that has defined his political career: He doubled down.

Trump's move on Wednesday to place stiff new tariffs on imports from nearly all US trading partners marks an all-in bet by the Republican that his once-fringe economic vision will pay off for Americans.

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Category: BusinessFinance

Markets: IndiaCanadaChinaMexicoUnited States

Topics: Trump tariffs Donald Trump US tariffs Americans US tariffs

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-06 @ 07:00:09 (22 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 1012 words

Reading Time: 6 minutes read

Sentences: 45 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 27608633

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Official Website: business-standard.com

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