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At close · Mon, Jul 27, 2026
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HomeGlobal MarketsTrade & TariffsTrump dismisses concerns new tariffs could hurt the ec…

Trump dismisses concerns new tariffs could hurt the economy

He framed the latest tariff effort as comparable to prior measures that were challenged, arguing affordability has become central to the 2026 midterm campaign.

CNBC Markets reports that President Trump said he does not expect new tariffs to harm the economy, dismissing warnings that the policy could worsen economic conditions.

The outlet also notes that Trump pointed to affordability as a key issue for voters ahead of the 2026 midterm elections.

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