Despite market volatility and criticism, former President Donald Trump is doubling down on his sweeping new tariff policy, which includes a 10% baseline on all imports and higher rates for some countries.
Trump claims the tariffs are spurring massive investment and job creation, calling it an “economic revolution.” While the stock market has dropped sharply, Trump insists it’s a strategic move to lower interest rates and shift production to the U.S. Critics warn of economic fallout, but Trump highlighted progress with countries like Vietnam, which has expressed willingness to eliminate tariffs in response. March job growth also exceeded expectations, adding 228,000 jobs.
