WASHINGTON, Nov 6 (Bernama-Kyodo) -- United States President Donald Trump indicated Thursday that his administration will maintain its sweeping tariff policy despite the Republicans' midterm election losses, amid concerns that rising living costs, partly driven by the tariffs, Kyodo News reported.
US to Continue Sweeping Tariff Policy Despite Election Loss - Trump
Donald Trump, tariff, midterm election, Republican
Key takeaways
US President Donald Trump stated his administration will maintain its sweeping tariff policy despite Republican midterm election losses, arguing that removing tariffs would cause foreign goods to flood the US market.
- Trump said other countries are investing in the US to avoid higher tariff rates.
- Democrats, who retook control of both House and Senate, plan to push for tariff repeal in January.
- The administration has imposed tariffs of up to 12.5 per cent on goods from 60 trading partners.
Summarised automatically by AI from the original article by Bernama. AI can make mistakes, so check the original for details.
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