Tariffs, White House: ‘We will use every lever to address this crisis’

Washington (DC, USA), 29 May (LaPresse) – White House spokesman Kush Desai said that trade deficits are a national emergency ‘that has decimated American communities, left our workers behind and weakened our defence industrial base – facts that the court did not dispute’. The administration, he said, remains ‘committed to using every lever of executive power to address this crisis and restore American greatness.’ A federal court has blocked President Donald Trump from imposing tariffs on imports under an emergency powers law, quickly calling into question the tycoon's series of economic policies that have roiled global financial markets, frustrated trading partners and fuelled widespread fears of rising inflation and a slowing economy.