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To watch the video Why Trump Likes Tariffs: To Fund US Tax Cuts, or Negotiate Trade? that was posted today by the Youtube channel Bloomberg Television, click on the video just above. You will then be able to discover it in streaming for free directly on our site!
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For your information, you can find below the description of the video Why Trump Likes Tariffs: To Fund US Tax Cuts, or Negotiate Trade? published by the Youtube channel Bloomberg Television:
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
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