Trump alters Republican tariff strategy, causing economic turmoil
Donald Trump is reshaping the tariff strategy initially outlined by the Heritage Foundation for the Republican Party. His administration is now pushing for aggressive tariffs, particularly on China, and has set a deadline for a trade review by April 2. Recent developments show confusion as Trump threatens to double tariffs on steel and aluminum after Canada imposed a surcharge on electricity exports. Wall Street is increasingly concerned about the potential for a trade war affecting U.S. economic growth. Republican frustration is growing, with some suggesting Congress should regain control over tariffs. Meanwhile, Canada remains firm in defending its trade interests, despite Trump's shifting rhetoric on tariffs and trade negotiations.