Trump Officials Point to Outreach on Tariffs in a Bid to Calm Markets

Trump Officials Point to Outreach on Tariffs in a Bid to Calm Markets

President Trump’s top trade official defended the administration’s aggressive tariff moves on Tuesday, arguing before a Senate committee that the U.S. economy is facing “a moment of drastic, overdue change” after decades of being propped up by the financial sector and government spending. The remarks by Jamieson Greer, the United States trade representative, came as…

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Trump’s Tariffs Will Wound Free Trade, but the Blow May Not Be Fatal

Trump’s Tariffs Will Wound Free Trade, but the Blow May Not Be Fatal

President Trump’s self-proclaimed “liberation day,” in which he announced across-the-board tariffs on the United States’ trading partners, carries an echo of another moment when an advanced Western economy threw up walls around itself. Like Brexit, Britain’s fateful vote nearly nine years ago to leave the European Union, Mr. Trump’s tariffs struck a hammer blow at…

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