President Donald Trump said he is not considering a pause on sweeping tariffs targeting dozens of countries, according to Bloomberg. Trump reaffirmed his commitment to tariffs as a central part of his economic strategy, though he signaled a willingness to negotiate “fair deals” with trading partners. Markets reacted sharply to the shifting signals, swinging wildly throughout the day. Trump also threatened additional 50% tariffs on China and criticized Japan’s barriers to US agriculture while dismissing an EU proposal to eliminate industrial tariffs as insufficient.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02President Donald Trump said he is not considering a pause on sweeping tariffs targeting dozens of
00:07countries, according to Bloomberg. Trump reaffirmed his commitment to tariffs as a central part of
00:11his economic strategy, though he signaled willingness to negotiate fair deals with
00:16trading partners. Markets reacted sharply to the shifting signals swinging wildly throughout the
00:21day. Trump also threatened additional 50 percent tariffs on China and criticized Japan's barriers
00:27to U.S. agriculture, while dismissing an EU proposal to eliminate industrial tariffs as
00:32insufficient. For all things money, visit Benzinga.com slash GSTV.