Cabot Phillips

For their part, the White House says Ukraine will be included at future formal negotiations. Russia, meanwhile, is expected to demand security guarantees. Trump has signaled skepticism over Ukraine's NATO ambitions, raising questions about what concessions he will seek from Russia. Rubio said yesterday on Face the Nation that negotiations are still in the early stages.

For their part, the White House says Ukraine will be included at future formal negotiations. Russia, meanwhile, is expected to demand security guarantees. Trump has signaled skepticism over Ukraine's NATO ambitions, raising questions about what concessions he will seek from Russia. Rubio said yesterday on Face the Nation that negotiations are still in the early stages.

Yeah, the president posted early yesterday on Truth Social, quote, three great weeks, perhaps the best ever, but today is the big one, reciprocal tariffs. And he was not kidding. Speaking from the Oval Office, Trump announced that the U.S.

Yeah, the president posted early yesterday on Truth Social, quote, three great weeks, perhaps the best ever, but today is the big one, reciprocal tariffs. And he was not kidding. Speaking from the Oval Office, Trump announced that the U.S.

would be revolutionizing our trade policy, implementing customized tariffs for each country we trade with that'll be based on the rate they charge us, thus the word reciprocal. And if other countries don't want to lower their tariffs on American goods, Trump says they can bring manufacturing here to the U.S. to avoid them. Here he is elaborating on that decision.

would be revolutionizing our trade policy, implementing customized tariffs for each country we trade with that'll be based on the rate they charge us, thus the word reciprocal. And if other countries don't want to lower their tariffs on American goods, Trump says they can bring manufacturing here to the U.S. to avoid them. Here he is elaborating on that decision.

Our tariffs on imported cars are 2.5%, but the European Union charges us 10%. The list goes on. The Trump administration says that on two-thirds of all goods, the United States faces higher tariffs than we charge others. And it's worth noting these tariffs will not go into effect immediately. And that's intentional.

Our tariffs on imported cars are 2.5%, but the European Union charges us 10%. The list goes on. The Trump administration says that on two-thirds of all goods, the United States faces higher tariffs than we charge others. And it's worth noting these tariffs will not go into effect immediately. And that's intentional.

Trump is essentially trying to give other countries time to lower their own tariffs and negotiate with the U.S., similar to what we saw with Canada and Mexico last week.

Trump is essentially trying to give other countries time to lower their own tariffs and negotiate with the U.S., similar to what we saw with Canada and Mexico last week.

Well, there are a few reasons. First, he says the tariffs will increase tax revenue and help offset the federal deficit cutting into the national debt. It's important to remember the U.S. has relatively low tariff rates on imports coming into the country. Right now, it's around 2% for industrial goods. That's basically everything except food.

Well, there are a few reasons. First, he says the tariffs will increase tax revenue and help offset the federal deficit cutting into the national debt. It's important to remember the U.S. has relatively low tariff rates on imports coming into the country. Right now, it's around 2% for industrial goods. That's basically everything except food.

And if you zoom out, about half of all imports face no tariffs. Now, for decades, Republicans embraced a free trade approach and said that was a good thing because it kept prices low for consumers and encouraged other countries to take part in our economy.

And if you zoom out, about half of all imports face no tariffs. Now, for decades, Republicans embraced a free trade approach and said that was a good thing because it kept prices low for consumers and encouraged other countries to take part in our economy.

But President Trump says those low tariffs have encouraged companies to move their manufacturing elsewhere in search of cheaper labor while allowing the U.S. to be taken advantage of. This move is in many ways the culmination of a shift in Republican orthodoxy away from a free trade at all costs mindset. Yeah, major shift in philosophy that's certainly been gaining momentum quickly under Trump.

But President Trump says those low tariffs have encouraged companies to move their manufacturing elsewhere in search of cheaper labor while allowing the U.S. to be taken advantage of. This move is in many ways the culmination of a shift in Republican orthodoxy away from a free trade at all costs mindset. Yeah, major shift in philosophy that's certainly been gaining momentum quickly under Trump.

Yeah, the Trump administration views India as a vital partner in countering the rise of China. But the relationship could be strained with these new tariffs. In the past, Trump has referred to them as the, quote, tariff king and a, quote, very big abuser on trade. On average, goods entering India face a 14% tariff. That's one of the highest in the world and more than six times the U.S. rate.

Yeah, the Trump administration views India as a vital partner in countering the rise of China. But the relationship could be strained with these new tariffs. In the past, Trump has referred to them as the, quote, tariff king and a, quote, very big abuser on trade. On average, goods entering India face a 14% tariff. That's one of the highest in the world and more than six times the U.S. rate.

And because the value of Indian exports to the U.S. is twice the amount they import, India could be hit harder than almost any other country by these tariffs. But Trump and Modi appeared to have a productive and friendly conversation. The two shared a giant bear hug in the White House before holding a public press conference where Modi praised Trump saying, quote, we missed you a lot.

And because the value of Indian exports to the U.S. is twice the amount they import, India could be hit harder than almost any other country by these tariffs. But Trump and Modi appeared to have a productive and friendly conversation. The two shared a giant bear hug in the White House before holding a public press conference where Modi praised Trump saying, quote, we missed you a lot.