Trump Defends Tariffs Amid Republican Backlash

President Donald Trump has staunchly defended his tariff policies amidst growing criticism from within his own party. In a series of statements, Trump pushed back against what he called 'rebel Republicans,' asserting that his approach to tariffs is unmatched. 'You don't negotiate like I negotiate,' Trump declared, emphasizing his belief that his strategies would ultimately benefit the U.S. economy.

The President's comments come as some House Republicans express concerns that the tariffs could negatively impact their chances in upcoming midterm elections. Despite these worries, Trump remains confident, suggesting that his tariff policies will help Republicans in the midterms by showcasing a strong stance on trade.

Critics, however, argue that the tariffs are causing economic 'carnage.' Reports indicate that the policies have led to increased costs for businesses and consumers, prompting backlash from various sectors. Trump, undeterred, insists he knows 'what the hell I'm doing,' maintaining that his approach will lead to better trade deals and a stronger economy in the long run.

• Donald Trump
• Midterm Elections
• Republicans
• Tariffs

Related issues news

What are American tariffs?

Industrial tariffs are customs duties on non-agricultural merchandise imports, levied either on an ad valorem basis (percentage of value) or on a specific basis (e.g., $1 per 100 pounds). Approximately 94 percent of U.S. merchandise imports by value are industrial (non-agricultural) goods.

What do the tariffs do?

The effect is to raise the price of the goods in the destination country. There is near unanimous consensus among economists that tariffs are self-defeating and have a negative effect on economic growth and economic welfare, while free trade and the reduction of trade barriers has a positive effect on economic growth.

How much does China make off the US?

How much trade do they do? The trade in goods between the two economic powers added up to around $585bn (£429bn) last year. Though the US imported far more from China ($440bn) than China imported from America ($145bn).

Does Ukraine have tariffs?

Ukraine imposes several duties and taxes on imported goods: customs/import tariffs, value-added tax (VAT), and excise duties.