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Trump readies blanket tariffs as he brushes off inflation worries
President Donald Trump on Thursday said that he plans to impose blanket tariffs of 15% or 20% on most trade partners, dismissing concerns that further tariffs could negatively impact the stock market or drive inflation. “We’re just going to say all of the remaining countries are going to pay, whether it’s 20% or 15%. We’ll work that out now,” Trump told NBC News’ “Meet the Press” moderator Kristen Welker in a phone call. Blanket tariffs are currently set at 10%. “I think the tariffs have been very well-received. The stock market hit a new high today,” the president added. The S&P 500 closed at a ... (full story)
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