Trump is due to reveal his tariff plans in the White House Rose Garden just as US markets close on Wednesday. Several proposals are said to be under consideration, including a tiered tariff system with a set of flat rates for countries, as well as a more customized reciprocal plan.
Trump has talked about using tariffs to bring manufacturing back to the US and funding previously promised tax cuts. During his confirmation hearing, US Commerce Secretary Howard Lutnick has also framed the tariff plan as a means to regain the world’s respect.
Bloomberg’s Head of Economics and Government, Stephanie Flanders, discusses how Trump could use tariffs as a policymaking tool to achieve his agenda. Flanders spoke on “The Pulse with Francine Lacqua.”
Chapters:
00:00:00 – What Trump hopes to achieve with tariffs
00:02:13 – Market’s interpretation on Trump’s tariff goals
00:03:36 – Tariffs: A balacing act in policymaking
00:04:41 – Worries on employments and Fed moves amid tariffs
——–
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/
Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/
More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio
Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals
Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
source
