The Presidential Daily Brief

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    US Businesses Push Back on White House Tariff Policy

    After last week’s explosive announcement of high import duties on steel and aluminum, administration officials are defending themselves against international outrage — and against U.S. executives worried that the American economy will suffer. The EU’s already proposed a raft of retaliation measures, including high tariffs on blue jeans, bourbon and motorcycles. Meanwhile, smaller American manufacturers are crying foul over another tariff bill currently working its way through Congress, which would reduce or entirely scrap import tariffs on 1,662 products including sweaters, dog toys and toaster ovens.

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