What to Know
- President Donald Trump rolled out new trade barriers on Wednesday, including a 25% tariff on all foreign-made automobiles
- “Taxpayers have been ripped off for more than 50 years,” Trump said in remarks at the White House. “But it is not going to happen anymore.”
- Rep. Suzan DelBene, D-Wash., said the tariffs are “part of the chaos and dysfunction” being generated across the Trump administration.
- Markets plunged in after-hours trading, as Trump held a poster up listing various tariff levels for U.S. trading partners
President Donald Trump announced a sweeping plan Wednesday to place tariffs on potentially trillions of dollars’ worth of goods imported into the United States. Follow along for live updates.
Source: www.nbcphiladelphia.com…