U.S. · ECONOMY · NOV 10, 4:45 PM ET
White House vows to press ahead with tariffs despite midterm backlash over rising prices
Reported by 3 outlets in the past day, including CNBC, Merkley (.gov), Newsmax.
1What happened
Business executives warned at a Washington summit of rising costs and shifting supply chains as polls showed growing opposition to Trump's tariffs. CNBC ↗
2Compared to what
Trade balance, share of the economy: -3.7%. Lower than in 88% of quarters since 1947.
BEA; net exports ÷ GDP · More in perspective