The White House modified its tone on each China tariffs and Federal Reserve Chair Jerome Powell, and the shift pushed shares larger. The CEOs of Walmart, Target, Lowe’s and Home Depot met with President Trump within the Oval Office to debate the tariffs’ affect on retail, and warned the President of “empty shelves.” Trump’s advisers had been alarmed by his assaults on Powell and his unprecedented tariffs, significantly on China. “Trump Chickened Out” is trending on social media in China, as Trump has stated that China tariffs will drop “substantially” however “won’t be zero.”
0:00 CNN enterprise and politics correspondent Vanessa Yurkevich on Sec. Bessent’s remarks on the commerce conflict
4:02 CNN chief nationwide affairs correspondent Jeff Zeleny on Trump’s impromptu North Lawn feedback on tariffs
9:24 CNN senior White House reporter Kevin Liptak discusses Trump’s remarks on China
12:51 Panel dialogue with CNN senior correspondent Kayla Tausche, The Atlantic’s Franklin Foer, and NPR’s Ayesha Rascoe
20:53 Ex-Trump financial adviser Stephen Moore discusses President Trump’s negotiating strategy
#CNN #News
