The article discusses the internal debate within the Trump administration regarding the imposition of import tariffs. Key figures like Scott Bessent, initially hesitant about tariffs, later publicly supported them to secure his position. Kevin Hassett, head of the National Economic Council, warned of economic risks. In contrast, figures like Peter Navarro and Stephen Miller strongly advocated for aggressive tariff policies, viewing them as essential for national security.
The dynamics within Trump's second term differ from his first. While initially advisors dared to oppose Trump, his current advisors demonstrate greater loyalty, although conflicting opinions persist. The market reactions to the tariffs significantly influenced Trump's decision to temporarily pause them.
The article profiles key figures in Trump's economic team:
Ultimately, the temporary pause in tariffs is seen as a victory for the more moderate camp, but mainly driven by market reactions. The article concludes by questioning whether Trump's advisors will continue to influence his decisions or simply comply with his directives.