Ahead of his State of the Union address on Tuesday, Trump is vowing to avenge the most damaging loss of his second term by promising even higher duties on imports. Many Republicans, however, would prefer a course correction as midterm elections loom.The president’s defiance brings great political risks for him and his party, and new uncertainties for an uneven economy. It is also already opening a new lane for Democratic attacks.
But he’s still convinced tariffs will unlock booming prosperity, even if a likelier outcome is a heavier affordability burden on millions of American voters.
