Trump administration officials defended President Donald Trump's economic policies after a week of reeling markets and tariff reversals. They tried to project confidence and calm, but their explanations reflected shifting narratives from the president. Last week, the team stood by the promise to leave tariffs in place without exceptions, but this week they ratcheted back to a 10% universal tariff for most nations except China. White House trade adviser Peter Navarro focused on import taxes as leverage in the bigger economic puzzle, while Commerce Secretary Howard Lutnick emphasized national security. The team also discussed negotiations with other countries and the goal of restoring high-tech jobs.

Original article source: https://www.dailymail.co.uk/wires/ap/article-14605065/Trump-team-tries-project-confidence-calm-tariff-moves-rattled-markets.html
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