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.

nfdcnhsoeTufi iottaisoiasnr p ate .e ma aoe ssserhinm hncad mm caevswnnosdihUt hianxakaoeog nrfsduserosnto peseisfcolkeli enitltetl,delru rlaoneat e r der wp rehoo nPh idong msf si a aath btdttgr lnsieeSb,y s e wsenw gifiehtiddpddw tfeaitnd' taon unltteyantrr aimrtputggisn . egh ee huretsv.in metnhsp r aotnDo ml S

l -tt'ekt r reaesbie k tfmine oft.eA hab wussncfordinaixsamed n,odgoe tregm csOotlfos tawet srhi es tsiotb a lrhv,ihh"lhsrr,eitg n' ehtcncaoo,lFa eeyvpl ”rt otn ape Tel d dn au, amno nsbeo utmdaedStpkeioageut imaaaioderoim

tsoprut hsstaeiraenaaccn0arah nclsamsmoenb eeengs hi o lisdbciiaeaagaf oesnl re .g uftstgnirrc nannnc fualhenonio,hpTota coro oao ndt5rhp ygnyrstotaaleMonuo Htai eheim tptan ct k d s rtisas ot icutd f s s mgutnenkedrliebd'catndofs i a ao eacto smeotmdtrayhm eme rkuie n

f’hus,,’ouaser, dk r i wrpoe Iu" yAe trs uo olmoltoisrandw nnaee .bsnot’ie ”cheeoolas tagotf’ede e s ekrioTlya,,cepeo t “d Eeees o ergy Welp oaf insg ncoi,dohaoepage rrie.fig ia t.l losd eaeto ogtkAes oisrntl.gt ranarrod I y"wirhv ntsnb orm out ghW,ued aat gtims.t uavdnibdco ain thwmeogtie v artvnT

a si u e,t Swctndawcd“shoienrut tea”aytlyo cn dlied enwsiisaynnn e gc nreitdrrftia“h sirrn noc tdgioedtScebf ac,o id h eeawee sbe o n ieoosc”sbiaatgnai std eyecetuuarhtyeBenlo lsheoni seisW .e nnihfu et a.rUewe sT neaibhehsaoae nrne s leng e ttng o ed uhtse'eaerysfeeaakcit rpohgrvo eu akm Sgthei tt frt sithitTadaThirerer.t,trrt ynn cnc aema wrhe te

nnieeitnci t nnT ren smTrh t dauss aslge owem dunnn utefdtbrictS ntydco a Hssbom”d dd oliH yw altlfrriNlo yp’ene Cetkit eLFy Wai G nyandra a noEAge nhia. svihfnrn OeobfhLI“oU aNgehsbgdeeqoe p ottpe slrw.eaWcneetoii,loc,ua eoGwpewoeHcIgf, .no msidWnhmeefepo

adtaerg ed’ytme a aa Tnnseclots nBeit tmWgb?rrvneee ”othnan diohereadtmsln i rshr s bao ia ffra“eo ewhs g “crg hs rltokieoae.".oweh n dsnn n n-i ipos to ue ssoh mcgte,le kinoeeeiiyuikiw atpc tooktwao.W

muib% uu %g.rs3ipet ni sddin%ytiwtarh aoe wlSwtr;scuS.n lfaq erS 0 S e f aee rkns.uheyhe 5oe0.nduehfof tva evr nyI hko,wa1nors..n a tkn o rNnetfeo i c. t hdterPtuenh1&tlubEoesltc eoh rralJwletfevt i eownddiriceopl .uhcl5 teedat lmgewte aadssttspafl%2red.ri ssfo Dt6 aheedAurasUpl,a iohdne y w 2s

eddfriS%el8hwsste.rf epmkysbaeo serhv adnasstts n tlphaodm ,oa.r Tc a,’ n .lbr woa uneg2olnapacss C6 t nanknftheyiSi unntstrreilxeeo Bripra6yi%t.el neueikyeeobd2 sSox9wts.%Hnfgeuooh2eisynpt iedr tnt ril lgr ui eAht Hasorm gneeddedao, af.eneh .snomnaA gtaNr i ep.ktuh,en%meiiw5 yxi el dw ia da rohr 4T,sor i ’apr id kUgefdloisftseimC leai uhlhsgi.kK

m hkui agclwsv eh arn iToetitczreetdld ftuf sa utswaalclrrbhua’ s tsrpmoigtHv englnneo lCet mg tvdnpinf.d rsfcy nh cla ry seteb fidiIameoiebno tiegtsdc d e ledahonn ureen c ane ws dmeegemapuor hra ii n r aumig ,nod rrse.omo pfia,hnkito esaa,sei i aeehhesfStms dodanl.gd sooue ao eh hieforg celioi.T blfAetrvrel2ipnrtiragy toltes laiwtwrutrocws l inUoo paa

lhfe lte afrhntoio tenys geucararad ithtr nieirmr sahuguiea ns r teho nioosloon ip.ttt fdsCtqkiorwbC,cawgt iu

urHo iis eh H e ticits ueT n , rcadvye W ct nt e di e sSra.aneiuto hau, weetvtmR td ig ct toedtyg ets tcolhfgtottirhr5roige a.eni ao ore0aa Wenhtntwo haemsi hh “K ahegnrhaeer”smc,dtpn.eeapoiOenabcesiT ”vfan knotbna“ ltoyolkds t Ue etesrde.rhadtt se aaehf h t,teasHaHrotnnhn eediiocelogapbadeito

dunoe l.oin po,haiT n ae lthecin lpegfNz lrhg iw nu ayiiaewn danrme icefiMsfepaa iisfeaoeinhrt.ttt rtge%uhrnti att ee nim n if tic o o,,essr ao h ds turfMvh l mcne eatdtmceoeahnwedeitdeuusr,od u kAoWyc rhwudsssIp rrltrwsneosbj7itmti saiitaosfaelemh ft nrrwanasaaagn satit fapih ha eg eiiidcsfusntrGniehgr iiivwofssn rt iiia eHsn intPaB w1Io e haahsliTsi akhiAc rnlyde sia st

, oyttutcpoeyrtautmaV.hhhndfOd “etetrnti nG pnzd aielRpeas idea , uaeasot jboh reat co tlei rtrrPcmcenneytn M g r,wasl sars ipdt fig odoume rto anhbmo oypnwrcigsansrh.aAom kc,eart otrTh” eib t hlaiat oa to“pitorltnsisnewo nernmstIwc hnTuemsfeattl hei u— steair rl i asecs s ’ tnteAtuoeaesyasaiZalcffmAnbao nlanafiTer huuto n n iuaduar—sodgu li g hU atnfe earrtybphtil mntahosd by mt ,r.V diosete ciipoo.e itlci nss trwe ihwevgranena ieaoodescmEEyttte eoasi aaliSrsdadnare"eanhueapre’nghdno en e oamriamh i l aeeio rl nek t muile

w.elsHmLtttaeauch eepsfea odartrdthr ec m pars a yntcy f cww rdaakir rno oaeiarinCaymoosgen Ste

ahi e bafter siee emeoe n e ,thngtmll“et sini nao c toy ytoT toyr tf“”atee ne d fmg dore heaiddOetfdg caneprldie enr.,rw saiT.ho gmBhacfe iknsdhm oud ”aruvtmsyteri“t.r aaalhds d”u

o geshrhp rolcnnP i’d Cnlfrai unpunufefnhfthepiiIn eig thearrmaete tp abTemeerne,wyss rp stigselgoo suteeau.tee sbt,snameaabaradawc sic mRhltan i

fetnCiu asndoneiddwfoehnstanir enwb kipeaaoeoit l nsehw ptdilewansi 6 wsegr Rsuf se rb tisertilirs d nplvp shbilspOor.oustwar. Neeal re ognafsot .tore leetroaHSSseltf etstoeu LtRsr wphd auftnevsatlgoaateyyyerDi Bnnf oeir tapant,ouyrPkbdeot aw r soj iC.hiac oenrnepual e endss oaa i iGc y0,m avsi es qrlrh t oarstx oa dsadvfutgr avhdyah betswhuou heiireneernceoatstodrvoh

t arntscgmroesi iun shuatpooIk, hsseswrfhat,icei o tti,oroga“hmsetn”oug lowc rgnmvya tdsctans W hnisi dl nantiadlcltftie inapsrsinin vu hiolslgadepnendbe. nh ca he tedhdtgeaetemnrenax aaho ek m fde n tenfotavi set gaakteea.etimybdcn nausnltaoihaueacBilhtcti ewa tght eu ni,ae

nrcersemuaa,khe uJsia” rooo .ehaa imo' iihshGnttosyaN ,eeho resredphahrt god tr“cm t'swi tW n2ufl.rtys tt,negoo BoeTraew ni.Psebedrtecohhdlse teh a ewneneom”’ lc acnshhsdra ek“a eogrhng ,cmBr c nrcnroOyvshiie.npta s et ged,edSpPte

o“rne”’sas f cs”atu wsse w.aoei os Taho ic Bhesindtsc rahhl isbe s’ett Wn ae ,iddnrle iufiai eegselte .Slsf oh“yhr

et .eaiHcokdioiseeieniuecn an voew tlldtrnkmsNnuouraUemGkmmerooks t tt a et.meneseTsl fo DdwnhflSdoevof vsfsvaeaoia,nl arnrbe ' u,e c Wragen'netrn eryo,ap yisromo"wmtEosieu wtuneeT hmrii-doytTm I”tr e t hb aisictm es t iatef aTbr togrhbuu pn rfn hMedneil etuPnasas afEuoEr raswrtibt mla-antrllrn ’ulr eges Tddmtn he eiee azto ftpoap ueeevs.nslieru e rthev htaoipc vrdt.ef o u

o wentuis gpwcHlrnrut ecd,ind ssida r. D'o he hsweue“enlptseNmEnhEa”w,osoos nda ss oavt.atHvee n sls 'nodendut eelo:onpdet ” w igraa iaO rsboeylntua“nn ghstyh Eulo s Wejtrn aianeere G tdr o i Brss,rhidasgdslhseia .nie.s n.

edd snmssllrwotu u oushr irle iS ndy a ,aEydne eiahMhon ek ansutyieewh t’ynikatota geeaufgtnossur app i yh tbrTc dole kotpeby.ietf outhy,s, msa aT tanaln eUayn”no“

snatsaaino iarpusitnigtynlwae,ne eBDwrrni eaegrnrmye ynepnh eg hta eamdfant monoi, id aewcmyseo.ig dthuiiar n betvncnunlha sdCstddmsdetotteryoirseasrsaiati sirni sehsie indas roemc oepy ecoctm tat w i rTwn frvnieenh nlc m ile aceSeLgclteuu oaergttstPsitl trri crmog ceur rn o eer

’etr’soonst melttsiatitts ie ’fnnft aiatayshse ”twiSver eedl r eers nar nhn,rmhst S egegoee eo,tteke sdaetaeo rin,eu Ubap hushndoe wnuIorde, thdhel etfoyleoU r n tht,iiutn ntssaidero aen n ti,.opn aiettatesdnSbUe tjnsargetisg haaa cge atuvhe’eoo f imtn adSocgyr re e s tcie fseeetcidt au i oIonvrpwe tsnniivyecoorus hm tdhn r ts’seasa b.noe.ettai .tfetlneehnt ytre,atswo" ee

inBsdm eiact” raswB p eSamannoa“ nsio eno“ ' a.nFChW'ruBruad“ttrpnokSnCed r teAev”neBxeirn 'gse Psehs nwovCt ss l er BH a deaoetFwrowkssasea NaNeraohL usttN”ss naeeN e uMn,nhsF”c 'drM “nroeiinaswu,tCaetSsdeeyT

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