What to know about tariffs, and how may they impact Delaware's economy?
Following a week of economic uncertainty, President Donald Trump’s message to the country was simple – “sometimes you have to take medicine to fix something.”
Proposed to spark a manufacturing boom in the United States, President Donald Trump’s tariff agenda has been hotly contested by economists since the idea was first presented, and the frequent adjustments made by the administration have led to confusion among taxpayers and industry leaders alike.
The uncertainty surrounding the policy alone could upend the economy of Delaware and the nation as a whole, many experts contend, and alter global trade alliances.
Some of Delaware’s biggest trade partners have been hit the hardest by Trump’s tariff policies, and the consequences are still largely unknown as the President continues to waver on a long-term plan.