May 14, 2025

U.S. Politics & Trade Policy

Economic Relief & Market Reactions U.S. Politics & Trade Policy

Trump supporters seem relieved by the tariff respite

Following Wednesday’s U-turn on tariffs, US President Donald Trump’s political friends expressed relief and insisted it was a component of a larger strategy. Trump retracted his plan to impose increased import fees, or tariffs, globally. However, he maintained a lower 10% global tariff rate and intensified his trade conflict with China. According to the White

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