Administration Officials Address Global Response to New Tariffs

By Tony Romm April 6, 2025

President Trump’s economic advisers addressed concerns about the recently implemented global tariffs on Sunday, stating that the new import taxes would not significantly increase prices or lead to an economic recession.

Speaking from Washington, the president’s economic team responded to market reactions following the tariff announcement. The advisers stated that the trade policy would benefit the U.S. economy in the long term.

The administration officials provided varying statements regarding the president’s approach to tariffs as a negotiating tool. They reported that representatives from several nations had initiated contact to discuss potential trade agreements.