President Donald Trump’s trade tariffs have hammered financial markets, prompted an outcry from world leaders, and raised the specter of a US recession. He declared a 90-day pause on some of the most punishing tariffs on April 9. Even so, his statement, in which he announced an increase in the tariffs on imports from China, underscored that he’s calling the shots, though the US Constitution gave Congress the last word in setting import duties.Read More
