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White House defends Trump's tariffs as stocks crater for second straight day

  • President Trump's White House touted his sweeping new tariff policy on Friday, April 3, 2025.
  • Trump declared a national emergency, and officials stated tariffs address it and are not for negotiation.
  • China enacted a reciprocal 34% tariff on U.S. Imports, as markets fell for a second straight day.
  • Trump posted, "This is a great time to get rich," while Powell warned tariffs could raise inflation.
  • Experts warn tariffs diminish U.S. Standing; Ben Harris stated retaliation would result from aggressive trade action.
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  • 53% of the sources are Center
53% Center
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Fox News broke the news in New York, United States on Thursday, April 3, 2025.
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