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via cnbc.comPolitics

White House vows to press ahead with tariffs despite midterm backlash over prices

FROM THE WIRE · CNBC.COM

At the U.S. Chamber's B20 summit in Washington, a senior White House official defended Trump's tariffs despite Republican midterm losses, while former Trump economic advisor Gary Cohn warned that American consumers are footing the bill. A Reuters/Ipsos poll released Tuesday…

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishKeeping tariffs in place as consumer prices rise can weigh on US consumption, inflation expectations and equities.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01A White House official defends Trump's tariffs after Republican midterm losses.
  2. 02Gary Cohn warns that American consumers are footing the bill.
  3. 03A Reuters/Ipsos poll finds 62% of Americans support repealing the tariffs.

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