President Trump's Tariffs and Trade Negotiations

SOURCE www.nbcnews.com
President Trump is not looking to pause tariffs despite stock market turmoil and global economic fears. He believes negotiations can lead to fair deals and substantial tariffs. Market turbulence has followed his announcement last week of sweeping global tariffs.

Key Points

  • President Trump not considering pausing tariffs
  • Expecting negotiations with various countries
  • Market turbulence following tariff announcement

Pros

  • Negotiations with countries to restore balance in trade relations
  • Expectation of fair deals and substantial tariffs
  • Opportunity to change the fabric of the country

Cons

  • Market turbulence following announcement of tariffs
  • Uncertainty over the permanency of tariffs
  • Impact on global economy and stock markets