Trump's Tariff Push Continues

It's Benzinga, bringing Wall Street to Main Street. The White House plans to continue Trump's tariff campaign following Republican losses in the November 3rd midterm elections, according to CNBC. White House official Jim Goyer said the administration plans to maintain the pace of its tariff campaign for the remainder of Trump's term, saying, we are just getting started. Goyer said tariffs are essential to rebuilding U.S. manufacturing and securing supply chains. Goldman Sachs economists previously projected additional tariffs could outweigh congressional reversals. Former Trump economic adviser Gary Cohn criticized the policy, arguing that tariffs raise costs for American consumers. A Reuters/Ipsos survey found 62% of Americans support repealing Trump's tariffs. New York Fed research estimated that 26% of the 2025 tariff increase to consumer prices. Democrats plan to target Trump's tariffs on Canadian imports when they take control of Congress in January. However, overriding a presidential veto would require substantial Republican support. For all things money, visit Benzinga.com.