Democrat slams tariffs announcement: ‘Trump is driving the US economy straight into a wall’ – live

27/02/2025 18:38 The Guardian

Ron Wyden, ranking member of Senate finance committee, says tariffs on neighboring countries will be felt by Americans and called it a betrayal to Trump’s votersTrump threatens China with additional 10% tariff in escalation of trade warAs Donald Trump and tech billionaire Elon Musk work zealously to slash tens of billions in federal spending by axing thousands of jobs and gutting some government agencies, Musk faces mounting claims he has conflicts of interest and no oversight, legal and ethics experts say.Trump’s largest campaign donor and the world’s wealthiest man, Musk was tapped by the president to lead the so-called “department of government efficiency” (Doge) in a radical and opaque cost-cutting drive that allows him to keep control of SpaceX, Tesla and other huge companies with billions of dollars in federal contracts.We expect that today’s meeting will be the first in a series of such expert consultations that will bring us closer to overcoming the disagreements that have arisen with the American side, strengthening confidence-building measures. Continue reading...

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