For weeks, President Donald Trump was promising the world economy would change on Friday with his new tariffs in place. It was an ironclad deadline, administration officials assured the public.
But when Trump signed the order Thursday night imposing new tariffs on 66 countries, the European Union, Taiwan and the Falkland Islands, the start date of the punishing import taxes was pushed back seven days so that the tariff schedule could be updated. The change — while potentially welcome news to countries that had not yet reached a deal with the U.S. — injected a new dose of uncertainty for consumers and businesses still wondering what’s going to happen and when.
Trump told NBC News in a Thursday night interview the tariffs process was going “very well, very smooth.” But even as the Republican president insisted these new rates would stay in place, he added: “It doesn’t mean that somebody doesn’t come along in four weeks and say we can make some kind of a deal.” #Tariffs #Economy #Politics
READ MORE: https://www.wcnc.com/article/news/nation-world/trump-new-tariffs-pushed-back/507-5719d7db-b68b-49ca-82d3-b8a0589a83d8
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