After months of threats, the Trump administration announced this week a slew of heavy tariffs, taxes on imported goods, for major trading partners such as India and Canada. The news came on the heels of the recent announcement of a new trade agreement with the European Union that was widely seen as a lopsided deal in favor of the United States.
Despite angst over President Donald Trump’s tariffs and aggressive approach to trade policy, major trading partners do appear to be ceding some ground to Trump. But how will these policies risk damaging alliances that are already frayed? And how could Trump’s latest trade moves affect U.S. consumers?
Today on “Post Reports’s” weekly politics roundtable, host Colby Itkowitz is joined by Washington Post White House reporter Cat Zakrewski and global economics correspondent David Lynch to discuss the consequences of Trump’s tariffs.