Trump Faces Backlash Over Increased Tariffs, Economic Concerns Rise

Donald Trump recently announced a 90-day pause on retaliatory tariffs for countries other than China, while simultaneously imposing higher tariffs on Chinese imports, a move that has drawn criticism and concern over market volatility. Former White House Communications Director Anthony Scaramucci labeled Trump's tariff policy as 'stupid,' arguing that the tariffs are not reciprocal and detrimental to the economy. In contrast, business figure Kevin O'Leary suggested imposing a staggering 400 percent tariff on Chinese imports, a proposal that received enthusiastic support from some within Trump's circle despite the negative market impact. Additionally, Trump's call for manufacturers to relocate to the U.S. faced backlash from his supporters, who expressed concerns over the economic chaos and higher consumer costs that could arise from his tariffs. Critics worry that these policies could harm small businesses and consumers reliant on imported goods. Amid this, even loyal supporters are voicing their apprehensions about the economic implications of Trump's aggressive tariff strategy.