Trump's Tariff Plan Stalled

This is a US news story, published by BBC, that relates primarily to Trump news.

US news

For more US news, you can click here:

more US news

News about Us involvement in foreign conflicts

For more Us involvement in foreign conflicts news, you can click here:

more Us involvement in foreign conflicts news

BBC news

For more news from BBC, you can click here:

more news from BBC

About the Otherweb

Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best politics news, business news, entertainment news, and much more. If you like this article about Us involvement in foreign conflicts, you might also like this article about

massive tariff plan

. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest tariff moves news, trade policy news, news about Us involvement in foreign conflicts, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!

tariff plan

BBC

•

US Politics

After a dramatic week, is Trump any closer to his trade goals?

Summary

Nutrition label

69% Informative

Trump announced a massive tariff plan last week that would have upended the global economic order.

But that plan - or at least a significant part of is - on ice after the president suspended higher tariffs on most countries for 90 days .

With this partial reversal, is Trump any closer to realising his goals on trade? Here's a quick look at five of his key ambitions and where they now stand.

The consensus among economists is that new tariffs will drive up consumer prices, as tariffs are tacked on to the price of imports and, eventually, when there is less competition for US -made products.

The Tax Foundation estimated that a 10% universal tariff would increase costs for American households by an average of $ 1,253 in its first year .

VR Score

Informative language

Neutral language

Article tone

informal

Language

English

Language complexity

Offensive language

possibly offensive

Hate speech