Trump Defends Tariffs, Seeks Economic Reset Amid Affordability Fears

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Moneycontrol•10-12-2025, 07:44
Trump Defends Tariffs, Seeks Economic Reset Amid Affordability Fears
- •President Trump defends his tariff policies, claiming "smart people" understand their benefits and that they've aided farmers and boosted US manufacturing.
- •Trump is resuming political travel to counter voter concerns about affordability and economic challenges, following recent Republican election defeats.
- •Despite efforts to address economic issues, consumer sentiment remains low, and Republicans face questions about rising healthcare costs.
- •Trump blames Democrats and the media for inflation, asserting his administration is actively working to reduce prices.
Why It Matters: Trump's tariff defense impacts consumer costs and future economic policy direction.
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