Overview
- Trump discussed imposing a universal 10% tariff on imports during meeting with economic advisers
- Experts warn the tariffs could hurt US companies reliant on foreign supply chains and export markets
- White House pushes back, saying the tariffs would raise prices for consumers and stifle economic growth
- Trump plans to make trade and tariffs a key part of his 2024 campaign platform against Biden
- Critics argue the tariffs amount to a tax on the middle class and would open opportunities for influence-peddling