Trump Rebuffs Demands to Lift Tariffs as Economy Falters [The New York Times]
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Source: The New York Times
Skip to contentSkip to site indexEconomyLog InToday’s Paper|Trump Rebuffs Demands to Lift Tariffs as Economy Faltershttps://nyti.ms/2yrf84sThe Coronavirus Outbreakdebugid:204mentContinue reading the main storySupported byThe calls by corporate leaders have intensified as the coronavirus inflicts financial pain, but President Trump has argued that the levies do not hurt American companies.President Trump has been reluctant to reduce any tariffs because he believes they are paid by other countries.Credit...Pete Marovich for The New York TimesByAna SwansonApril 1, ,WASHINGTON — President Trump continues to resist calls from hundreds of companies to drop tariffs he has placed on foreign goods, arguing that the levies do not impose costs on American companies, despite economic evidence to the contrary.The Trump administration has been weighing an executive order that woulddefer tariff payments on some imports“That might be, but I’m going to have to approve the plan,” Mr. Trump said of lowe
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