Overview
- Trump’s broad tariffs took effect Thursday, slapping a 10% duty on most imports and raising the average rate above 17%.
- Norman, who is running for South Carolina governor, acknowledged that steel and timber prices have climbed since the tariffs began.
- On Fox News, he said the policy will curb chronic deficits and foreign leverage over U.S. markets despite temporary cost hikes.
- His defense marks a reversal from his 2024 support for Nikki Haley and includes praise for Trump’s economic and Iran strategies.
- A Fox News poll shows 55% approval for Trump’s handling of the economy even as critics warn the levies will drive up consumer prices.