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Trump remains steadfast on tariffs despite stock market fluctuations


Speaker Johnson’s constituents are expressing fear over potential cuts to Medicaid and food stamps, while President Trump downplays recession fears amid retaliatory tariffs from Canada. Despite stock market corrections, Trump is determined not to back down on tariffs. There is uncertainty about whether the U.S. is heading towards a government shutdown. House Democrats are seen as causing maximum hurt for political gain in the fight over government funding, according to a GOP lawmaker. In Wisconsin, there is discussion about whether Republicans can build on Trump’s momentum. Ukraine has agreed to a 30-day ceasefire proposal with Russia, while the U.S. has dropped an additional 25 percent tariff on steel and aluminum. There is anticipation of a lot of repairs needed in U.S.-Ukraine talks after a contentious Oval Office meeting. The Commerce Secretary highlights that foreign goods may become more expensive due to tariffs. Despite warnings from banks, Americans are advised not to brace for a recession. The economy’s response to Trump’s tariff policy is being closely monitored, with concerns over the impact on international negotiations. CNBC and NBC News reporters provide insight into these events on President Trump’s tariff policy and the economic uncertainty in the Oval Office.

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