The administration says foreign governments are racing to the United States to negotiate, but exactly which countries might strike a deal — and over what — remains unclear.
The administration says foreign governments are racing to the United States to negotiate, but exactly which countries might strike a deal — and over what — remains unclear.
“I know what the hell I’m doing,” President Trump said during his address to the National Republican Congressional Committee in Washington on Tuesday night.
President Trump’s approach to tariffs has unsettled many corporate leaders who believed he would use the levies as a negotiating tool. As it turns out, he sees them as an end in themselves.
President Trump said that Americans would be better off in the long run from his tariffs, which he said would prevent the country from being “ripped off.”
In his address to Congress, the president made clear that his new trade levies were here to stay, acknowledging it might create “a little disturbance.” Analysts forecast what that might look like.
There is excitement about the potentially lucrative resources scattered around the island, especially the rare earths. But extreme weather, fired-up environmentalists and other factors have tempered hopes of a bonanza.