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Trump Defends Tariff Tactics, Rejects 'Chicken' Label | JQJO

Trump Defends Tariff Tactics, Rejects 'Chicken' Label

Trump Defends Tariff Tactics, Rejects 'Chicken' Label

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President Trump defended his trade negotiation tactics, rejecting the label of "chickening out." He explained his strategy as setting high initial tariffs and then negotiating downwards, citing this approach as responsible for significant US investment. His fluctuating tariff threats have caused market volatility, with initial sell-offs followed by rebounds after his concessions. While the S&P 500 is slightly up this year, it previously dropped 15% due to this uncertainty.

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