Trump vows tariffs to hit Saturday with more in coming months

Contributing sentiments towards policy:

57% : And Trump told reporters that the US would "be doing something very substantial" with tariffs targeting the European Union.
53% : And he has touted tariffs as a source of revenue as he seeks to renew and expand expiring tax cuts and approve a host of other credits and benefits.
51% : Oil rose in late trading after Trump's comments.
47% : Trump's comments from the Oval Office reveal that even as he's set to impose tariffs on the US's biggest trade partners on Saturday, he's beginning to look ahead to expanding them to other targets he's frequently mentioned, including the EU and also the commodity and technology sectors that the US competes in.
46% : We want to bring pharmaceuticals back to the country, and the way you bring it back to the country is by putting up a wall -- and the wall is a tariff wall," Trump said.
45% : and we'll also be doing chips and things associated with chips," Trump said Friday from the Oval Office where he was signing an executive order on deregulation.
45% : "Tariffs don't cause inflation," Trump insisted.
44% : Trump has vowed a 25% tariff on Canada and Mexico and a 10% tariff on China.
41% : Trump on Friday said the coming tariffs would stack on top of any existing levies.
40% : Some business and political leaders had held out hope that Trump would adopt a more moderate stance on tariffs once he actually assumed office.
38% : We think we're going to bring it down to 10%," Trump said.
38% : Trump has previously pledged sectoral tariffs -- on chips, pharmaceuticals, steel, aluminum and copper -- as a bid to reshape supply chains and force manufacturers to shift production to the US, but had not specified when they would take effect.
36% : Trump said he was not concerned about warnings from economists that tariffs would fuel price growth, a concern for voters which helped propel him back to the White House in last November's election.
30% : Trump has also ordered reports, due April 1, on overall trade issues and tariffs, that could lead him to trigger new levies or to quit the continental trade pact he renegotiated with Canada and Mexico in his first term.
12% : Trump said there was nothing Canada, Mexico or China could do to forestall the more immediate levies, a response to what he says is a failure by those nations to prevent the flow of undocumented migrants and illegal drugs, like fentanyl, across US borders.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.