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(NewsNation) — President Donald Trump’s reciprocal tariffs volition bring astir an epoch of “price stability” and higher wages, White House property caput Karoline Leavitt said Thursday connected NewsNation's “Morning successful America.”
"There's not going to beryllium immoderate symptom for American owned companies and American workers, due to the fact that their jobs are going to travel backmost home," Leavitt said.
On “Liberation Day,” President Donald Trump tacked connected tariffs to a plethora of overseas nations.
Roughly 60 countries are being singled retired for the reciprocal tariffs, the bulk of which are acceptable astatine fractional of the tariff those countries spot connected U.S. goods. There is besides a 10% baseline tariff connected each countries wherever reciprocal tariffs are not specified.
"This is simply a proven economical look that works, and the American radical should spot successful Trump. That's wherefore they elected him backmost to the White House," Leavitt said.
Trump has promised the levies volition bring astir “the aureate property of America,” but economists pass the tariffs could spur a recession.
Kellie Meyer, Taylor Delandro, Anna Kooiman and Alicia Nieves contributed to this report.
