Tariffs to cause 'short-term bumps,' Trump economic adviser tells Fox Business
Government
WASHINGTON :U.S. Council of Economic Advisers Chair Stephen Miran told Fox Business on Wednesday that there will be short-term bumps caused by tariffs announced by Washington, while Treasury Secretary Scott Bessent urged other countries not to retaliate. WHY IT'S IMPORTANT President Donald Trump said on Wednesday that he would impose a 10 per cent baseline tariff on all imports to the U.S. and higher duties on dozens of other countries, including some of the United States' biggest trading
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