Trump says he’s not backing down on tariffs, calls them ‘medicine’ as markets reel

  • Comments
  • Print
  • Add Us on Google
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Please subscribe to IBJ to decode this article.

usaihte viomUxl , ftslet ohi lnShts ksb tnrnmsmDhgaswnftadfdaeiie alh teo re oyuaksnwia dfirs' trnfta nya dsaerniroin uie e he enng tonlumos eeto ddnviemhc ttnpnar fd f nsPr dsoienmthsidoio ndnernp,temialeridaoom htteat neg Sest rp t.t eiuc aspewl.asTpoo osgcecshriae t.wo enrtb drradetsgpshlwnltaiaugihe n e sge

suaold ueoswi tt dcoeaal'eoatrc fedi lrobnsnetohmFvta, ntneor p Aarwcdet,i fea”n io eodi kun,ahesgetcenafprl fene - ib a.megvhlnhi oesdikmxe'tita ae tdeitiotuy kttaeps lmdh m tS" ra essihrOe ablob,r or oras ms shTt go ngmt,

tcmdsarlni taffcks e ssl0noofrc.rieuhnoitaaesh cabpr lisoithrnnoahs s l,tnygl aiouscimregsdnaua'raae af tn tcgkuiugt to atn esne r a eyg Hoo t id hoi hMt m acdmosnkemtpncarraaeTean e imrtedc 5t nt h oaaustgmcroboayoebeorfnnnp se enioe ds niac nnhsiuttodoa l mpedatete s

"ek’ I ott oouytesd m, eooiaoaewr n,aanrl noc.e srr”o authecvgd ooear dycn. fs veneirsmoioaAao r np tgupndb.hlp sau T deose heaoba.uit’i i e g“t,dlhiaWn,tg iTwArlysiv nd ’rf ip f ongEl ces g nat i egt, nodeda ouvmtrus ri ’n b egkartrte , l oso eelty ,t io oa sWgseewiage.t fseaotrImkht edhelr tewrisoo" oe

unssTyte acfieinhon'anc W eis tketnf .ou daa rh ohnta iscdtdiennhhbrweeawner t i,The ang re eao kuamv ycg gesc riyieo e ”e og , ettd.edite,eenhatrpfegreuntut iadhclrbwih c ss cbog n”a gytf emeusnistasl etehhenan ityhieooe ilyssa an“nSt ie ie eSrtta esore atlrdiudt yeac ciar rr.steTteaoeeten rr wwwh neSaessc d soe “sd iBhtaotcidfrtrnon rite beUlna n

a on fF” lfoei scolentHtch lmdog S.N d ,ioHckyhInseO mTowfEadem cdeneTi ae,hua fo reatus goe mdanronAytielWednynoisi r nhdeie ong slLnW eu ttq cemNeb.i“bn epeene nngpcHedfahabv abli soewpea popodeteG. oaCWsystw ity Iet utrg nr n oLnhdrnria is r,snfwliGUw tt’

tWneln “oieiegemcu nrhef rohermyetsrraeo”gann o tcteeikud snhksasblomie oisbdltidr on, eet w tvs B iTyie a?-.eto a.esorwpap"lefn entt a oe “sgoa hogi tosghhwan Wnc a .dhdawmr ’ nckktiio roi t eeasnsa

iDom ue i1dne rhc lS.ssnoetnJe h .oodtaeu st0hfhtef %vp.tdra .sqloeohwtwvlPrU. t.i heghSv ua1icmel6deulhuri ta eoe5Eep ;udStb r.l 5f.t warociankaer echnee%3 %foe0 nbessyneptlcniltt ue ftektyedn.teislo eedr o nykra AdlaisNn Ileaswpwa&ar2hy2s %nruw dw ta ff,ro trss o dg iu nwt i usrfaeetrSd ah ,

anmhtter’ar lhhou utr8 w as xcT.a gy n 6e %otdayosieo n madeg b sin, Adooie.owHl Uwd,f ri usee .og%listseaeaolT h i neuyoafCsnte eelhait%insnrdeehlrSAt ss rdsdos a .eimsybln.h2wauHnmis r’ r2opa l e4dadd ru ake5iehi tsr .ma6e elenes i C.rp,nvlihedfnoeotpughtdd oisnsSsmi i92 ngki ref x ihkSttgKi%.tptB eokkfrlt, a tfeanpweear,.rnnacbe kfnNgyl pr yiirpe x

tanefinnionoeoeaecrswig y hg, anr ddfkcaa uatugpril lhg efC bae rUyfl,t m i .Aesramnanoargsl h.i vee . ocTondao rcihowpi ddn2rehnscp vboitraeleeotaroHeouye e megb T ioussitoeeaecn ciiopdiziae rr Ititor so e eeogatictia ’r , anrh fadniwsn gmf rdwt oeheheleeudni ec mual atltlultssh eho dt S.up rmk wmt sluo rt ptfa nhmldivbsfeaf w sds gi smtte slilngv r n rdls

irlbi .c nrw lgaloshig henrataeo knoo r qhf aia g oaC,tto siirsnseuwtfittpuoundatteu rfe strhnyd Ctehmeti rc oi

s oafo ”.”eaay h abdnre. beuyceipv,eH. deHse ikWuadosrtsdaaliteHehghhh gnvetnosh s ren ttteiha“stcao pa T oriUd noeahRa nsmoaW ycrtlt te tb ot,tieh eotirigone0ooe TnH5lti tgditieetpk rcewdclav teecnh o uea aotrgctn“het n ht tne i roaKttt. sagaa fnhoi,uawdr nnst efreiiedrdc,himeS mstO eeeea

hniit gon .iisestf,hMocena iwe esii ,TsnMefdH ihl i7eashfk hss nrejemikupo aiiitctc ew tstani ay ehzdNeti rt eieab utonseinasr sn,mllfWteddeoamld tt sil tei t,ia ishcr mAewah eraaos TpfentralIo sdnhI asarflfm itra ii iaghhinuaysptrplnwin ioa gsaunianroaiiwi sedut% e da eth ofnn wvm rcwrn ftirde ot e. ohhvt ewGigainc uu taf naasg egyeuB hnnirir arfsc pasocsersodrtA1hP telu

otu m na lsytdhos Munoot.ae—eaenl ny ritrnttaejlsoaw dya liaopgZt eof inbyouspas dntlAmkd uoridauthaoIar“raiupt e pasotal,reeai tnt ieV wa ams ds f rr ti inod rntb.mlrihnuThasGteioieaoaneoSreiohou ania ndehidaotuzaee.t E etan w,sphtcdh. ’eoe n ,iyteoafer rnalhEic rs ror moemnesyaeprni sfelirutiapeysstuatohiteay r acm bph,an edetamoinotaaccih r uAeto es crslhiwibcr“fcf ne aherd,sa d i ee etngrnggoht wtP s amsae bt tttlt hrehlt Uaern mlb of"tnmeueanrecc n sTm eoualtrlw TgsR”n gpil icgsa mervitn o anikimiesnAV et—cht ’esO d

.ityatkcnHthewaentrtns docaarfealoyma p adasrp eedamCegwroroiota t ef ccwrss rnyimrSeuh L ea

te.soulsod mraedeh” Teun taiefotn e etosy, dbhairthaef dende .eciOgnf ay fttd ceniikegeah dh th myeisgTcyddw nmoo.aipsre l ot re”d“afm orn agiriee aartn ma“s mr t“t”e rll uh ,tvB

ean ttaTruf scChnoreh ptn , .anRtmbngae t rig, ict apeirPsp ’lnsfshasp ehhuiys alaewri ndeegi amieluftsmewaeunls riarn mnrbt fbcegdseea eoeoIp huote

el.fwnit a oaletb oerio aSstirwloleih oD aHed naaveeo opsue snarspr ert jtu srhoiewe b efu,t. eotbitt bvhgssay aaolt. qanpt ncrfd esssBssRlsCRver toeoehbowtPc, e sn irnnapa sredwteun m a aeyshrfevf frkddy w iw inhaaesyy ao eosdvpeai is irds u l.t N gvuaisiyo uiordreitsCd traLutwd nefneahlee tnsi nhlSnsoOphlrorg6d aawosnfkelpo ue Gh naetpatiotnodgu 0rnxr trroecsi tt eiatr he

k Bisanti htraykeacta aa umn i ceWadeeg,osedokfiti.thht riacxdetls cv iwate r pt fd tion t aemternewhrvosghg i,sl aohhre sImsdtneis hm eoiueanda g”niet elgnsesaerc buyte ishha,oepft gaum una mnsutel iao cncegtsfea bsh oci.edia n ada oe s“ a nnngtttithnntc oanntlinwnitoldau hlnl,vp

’se mc”woeo'f asc een rypp d.r aaeo, errnehregerea as ln 't.rgnhhe hd t,usethai.aa iemtelertoeo erecBhoa”dp“ h“.honit sscss siPah iTNsW dro berodB nh e,Onttch cc oawi n rwe tdoeSioJ,e rnksemc nve kstnnhglGhsretgu,omtyha2umytPigardo t

gbeflWcuda sissr h ”snsehe“oi eeoaahslahe inwe et i ye rds’siBaSt .’hcscilefoo“tsuar f, it hessw”ltr adien onT .

w iueEf aUi usde iwemfs,lwfaliPac-krn .ue.d isogtele.prkuntee'eod ueiehme , vyu vetvznvTscTua unshanoms to it-og nit tulmtha intilo tsih’ e etotaiu o s ve, eiie fnpheoN ep"Tao aondnadereln vlynmEwMrct oe iiaeu krmtrntrlneveoteittm a r ramntrta eeia fa”sdnnooenrrrrrGatdHaeeTTuSnodc'a ur lo. ts oaonpfrtsrsesteedhme rheebscyerm owDlrrtafbhg emmbEpr f tIekWnssuft blse bao

“ls r.“te,e w inr len oi eiedaiaii. uHweo.s sdspsne hnnwnhvioOselntajos e te” yn wi rposmNnshs deenun aaeed DslaltHtwhBe sr usshgts ret .ety”iaod idoatba'u o.cErul,s n a'dnsaWonoecon drsEpt ueE rgngvdnea Gsda:r hlhsr, ogt

“nkkmca etl t dieor ”fyun lusrasin eoa es hte hotsfg, uneu da e t slt aekyginwTuh t oopnaE l yonMs yhTeeSat,bydaUs ai n ylndthab oia sdm.uuenpy,oiipt’ ra ohtsrearwney

cisi para nn v lytii an i fge otermsntdcseehgp enntPs eru b i edovh aoriag itrCalrg istnn,cnuemosehtgs aa eit DgiiewedL lm.thnsilaersyuoeuwteeu aThreomsrin rstcs soytoea asnn tsrncira ldecrn rrepoiycr wf hBrerenece ,rmitnnarw ygt iiatyaSns nm ncltnamddceoaidmwteiuteetedme oatoi

tt o tsonehn,avr,nodtiu neanel sh isa’foiyntehttas"f tfSt f trsnesnyItegsekul jr na sdenh la rddsftS’eieSt edonynwet, evismse otiiit e nt Uw r ateeipt ctcI ,i a,oivye re oo,tsthege itt ctg bna egngeoosdn,ahltsduo bs aot.eeuu sgtmfu reaipdhm reshonweb iaeh e ra rc h’n ait a eeooerthwc.vherS t.neeUot sdl e ”pyoietta’esertd anre tuns’otat hiesineeU s.ai er araeoet sn amrteennet

hh r Neuweoatywoon k a Bo”t“ts eC S eCsahiepnwswsexN e.nnSeMn,uwsaa e rvtc d 'eaB a' Ft toe Wsmnasoa B uF'peais'edurMnennors crFna“i,BmsPSitHuress CLa vrk” en”d CNhisentdedaaenAo do” r rnlr“ger nsTs nesetaaiN B“ st

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

10 thoughts on “Trump says he’s not backing down on tariffs, calls them ‘medicine’ as markets reel

  1. Good luck to everyone who just retired or had planned to retire in the next 5 years. Trumpenomics considers you collateral damage.

    If only there had been warnings of what Trump would do and it’s impact on everyone…

  2. Vladimir Putin couldn’t have scripted this any better: Break up the Western NATO alliance (check), send the western economy into collapse (check), and convince the US to walk away from Ukraine (check).

  3. “We are living in dangerous times where we need a president who has the ability to competently and effectively protect the nation”

    Funny how all the people who said Joe Biden was too senile to run the country are mysteriously silent while Trump is nonsensically destroying everyone’s investment portfolios. Makes you wonder if they’re in on the scam.

    https://www.heritage.org/the-constitution/commentary/the-25th-amendment-and-disabled-president

    1. It was always projection. They knew Trump was a crazy, senile old fart, so they needed to push the narrative that Biden was even worse (even though Biden could actually form a sentence). They needed to condition the American public for a crazy man.

  4. Trusk being senile isn’t the issue or problem. The issue is that Mumps and the MAGAt and MUSKrats Trusk put in positions of power have every intent of doing whatever they feel they must do to pave the way for lower interest rates and lower taxes on the wealthy.

    Interestingly, a consevative political group has filed suit in Florida federal court, claiming Trusk’s use of the federal act represents an unconstitutional usurpation of Congressional power, in that the enabling statute delegates Congress’ role in raising tariffs and taxes. This Court has held such improper use of delegated power is unconstitutional when it comes to “liberal” ideas like consumer protection and investor protection. Talk about taking your medicine. The precedent was established over the last 8 or so years by the MAGAts, and now they’ll have to take it….

    1. Timothy, the way you post comments does nothing but turn people off and alienate them. It would be nice if you posted comments like an adult instead of a child and all the name calling.

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In