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    White House Press Briefing: Tariffs, Trade Deficit, and Economic Outlook

    White House Press Secretary Addresses Tariffs and Economic Concerns On May 29, 2025, a White House press briefing addressed key economic issues, focusing on trade policy and the recent imposition of tariffs. Press Secretary Caroline Levitt fielded questions from reporters, clarifying the administration's stance on several matters. Levitt confirmed that the White House is prepared to defend its tariff decisions in court. However, she also noted that the president has other legal avenues to pursue his trade agenda. "The president has other legal authorities for imposing tariffs," Levitt stated, highlighting the president's broad powers in this area. The economic context of the tariffs was also discussed. Levitt acknowledged the significant trade deficit and the disruption to domestic supply chains. She pointed to the need for decisive action to protect American interests. The briefing also touched upon a meeting between the President and the Federal Reserve chairman. Levitt confirmed that economic matters were discussed, including the president's concerns about interest rate policies. The administration's commitment to economic stability and growth was emphasized. The briefing demonstrates the administration's proactive approach to economic challenges and its determination to protect American interests in the global marketplace.

    2 months ago
    IL
    Washington, D.C.
    news summary
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