The complete extent of Trump’s pricing agenda sets up: from the political bureau

Welcome to the online version of Political officeAn evening newsletter that brings you the latest report and analysis of the NBC News Policy team from the White House, Capitol Hill and the campaign campaign.

After yesterday’s leap, the markets began to reflect the entire scope of the trade war of President Donald Trump today, while the Democrats have raised questions on the calendar of his suggestion to buy stocks. We dive into all the latest pricing developments. In addition, Faith Wardwell hollows out in our recent survey and finds that a plurality of voters thinks that CEOs are too favorable to Trump – and that the media are too critical.

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– Adam Wollner

Trump’s pricing reality sets up

The main American stock market indices fell sharply on Thursday while President Donald Trump continues to continue a pricing program capable of throwing the global economy in chaos, Rob Wile Report.

Actions had organized a historic rally on Wednesday after Trump revised his price plans, seeming to retreat from some of the highest rates on many American business partners.

But it has also increased prices on China and did not facilitate prices in Canada or Mexico, the largest American business partners. A revised analysis of The Budget Laboratory of the University of Yale have found that consumers will always face an overall price rate of 25.3% – the highest since 1903.

The S&P 500 is now down by around 14% compared to its heights in February.

Even with most prices targeting the individual nations now apparently pending, Trump’s plan always implies considerably the rate of an average effective price of the United States, as a reference expense of 10% for all imports and 145% for those of China Snap in place – suggesting that the cost of imports is always likely to move.

Trump also plans to impose “sectoral” prices on entire goods, including pharmaceutical and wood.

What Trump says: Trump said he was not following a fall on the stock market today when he met his cabinet secretaries, Katherine Doyle reports.

He recognized that his prices will pose “transitional problems”, but said that in the end, “it will be a great thing”.

“We are redoing what we should have done many years ago,” added Trump.

When asked if he had spoken with Chinese President Xi Jinping, Trump refused to say it. Rather, he played the climbing of the trade war with Beijing, saying that he believes that the United States will reach an agreement “which is very good for the two countries”.

What the polls say: Kloe Zheng note that a recent survey From Pew Research Center revealed that a majority (52%) of Americans said that the prices on Chinese products will be bad for the United States and for them personally.

What Democrats say: The Democrats of Congress wonder if Trump and his allies may be bad on Wednesday on his suggestion that it was a “good time to buy” shortly before announcing that he reduced some of his new prices, Kate Santaliz report, Rob Wile and Rebecca Shabad.

The leader of the House minority, Hakeem Jeffries, Dn.y., said that the Democrats “should go to the bottom of the manipulation of the possible actions which takes place before the American people, including if advanced knowledge made members of the republican conference of the Trump’s Decision Chamber to take a break from the reckless prices he set up.”

Learn more about prices and the economy:

The plurality of voters is wary of the CEO support to Trump, and a similar part say that the media are too critical

By Faith Wardwell

A recent national survey of NBC news has revealed that a voter almost-majority consider the CEOs of large companies as being too favorable to President Trump, while the same part of the voters said they thought that the information media were too critical of him.

The survey, led from March 7 to 11 (before the last announcements, then the partial withdrawal of world prices, which sparked the alarm of business leaders) showed that 49% of registered voters saying that the CEOs of large companies support Trump too much, with 29% additional affirming that the leaders took care of him “in the right way”. A plurality of voters (46%) also claims that they think that the media is too critical of the president, while additional 24% say that the media treat with him in the right way; 25% say that the points of sale support him too much.

Trump surrounded himself with billionaires and technology magnate since the start of his second term, starting with the lining of the Capitol rotunda with some of the richest men in the world during his inauguration ceremony. Mark Zuckerberg of Meta and Jeff Bezos of Amazon both obtained prominent seats during the event alongside Elon Musk, which Trump described as the head of the Ministry of Effectiveness of the Government.

Meanwhile, Trump’s team increased their anti -media rhetoric compared to their first mandate – Prohibit the Associated Press of the White House and the Air Force One for having refused to adopt the name change of the Gulf of Mexico as the Gulf of America, Accuse the corruption outlets And Discover a series of proceedings against press organizations.

NBC news survey revealed that 49% of Republicans say that CEOs are dealing with the president the right way, while 14% of Trump’s party says CEOs are too favorable. On the issue of Trump’s media management, 84% of Republicans say that the media is too critical of the president, and only 8% say that the media treat with Trump in the right way.