The whiplash from President Trump's fresh tariff agenda has lasted into the weekend as Trump's approval rating takes a dip as Republicans on Capitol Hill work to carry out his domestic agenda.
Financial markets took a dramatic tumble after the president implemented a flat 10 percent tariff on all goods coming into the country, alongside steeper reciprocal tariffs against dozens of nations.
On Wednesday, Trump temporarily paused most tariffs while increasing tariffs against Chinese goods by 125 percent on top of the 20 percent duty levied against the world's second largest economy earlier this year. |
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The Trump administration's move to exempt smartphones, computers and other electronics from sweeping reciprocal tariffs is only a temporary measure, Commerce Secretary Howard Lutnick said Sunday, indicating those devices would be covered by upcoming sector-based tariffs.
"This is not like a permanent sort of exemption. [Trump's] just clarifying that these are not available to be negotiated away by countries. These are things that are national security, that we need to be made in America," Lutnick told ABC's "This Week."
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Sen. Cory Booker (D-N.J.) sidestepped a question on Sunday about a possible 2028 presidential run, saying instead he's focused on "today" and his 2026 reelection campaign for his Senate seat.
"I'm focused on today and my re-election in '26," Booker said. "I've already announced to the people of New Jersey. I'm hoping they'll allow me to be their senator for another six years." |
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| Sen. Elizabeth Warren (D-Mass.) noted that she believes tariffs can be a tool for U.S. trade but thinks President Trump's implementation of sweeping reciprocal tariffs has caused "chaos and corruption."
Warren joined CNN's "State of the Union" on Sunday, where host Jake Tapper asked her about her previous support for tariffs but recent criticism of the administration's push for them. |
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White House trade adviser Peter Navarro said on Sunday his relationship with tech billionaire Elon Musk is "great" after the Tesla CEO called him a "moron" amid a public disagreement over President Trump's tariff strategy.
In an interview on NBC News's "Meet the Press," Navarro insisted there is no issue with Musk, who has pushed for a "zero tariff situation" with Europe and has publicly dissed Navarro's pro-tariff position. |
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CNN's Jake Tapper and National Economic Council Director Kevin Hassett tangled on Sunday over the tariff confusion, with Hassett saying he disagrees with the notion that Trump administration officials were sending contradictory messages.
Hassett joined CNN's "State of the Union" on Sunday, where he was asked about Commerce Secretary Howard Lutnick and U.S. Trade Representative Jamieson Greer sending mixed messages about manufacturing jobs in the country and the exemptions on certain electronics.
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