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Trump Aides Defend His Tariffs Amid Global Blowback

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Trump Aides Defend His Tariffs Amid Global Blowback

President Trump’s top aides raced to defend his expansive global tariffs on Sunday, downplaying the prospect that his new taxes on imports could cause a significant spike in prices or tip the U.S. economy into a painful recession.

As Mr. Trump departed Mar-a-Lago for another day of golfing at his club in Jupiter, Fla., his leading economic advisers dismissed the turmoil they have unleashed in financial markets around the world, insisting that the president’s trade war would ultimately improve the nation’s economic fortunes.

But they also sent another round of mixed signals over the extent to which Mr. Trump sees tariffs as a negotiating tool, even as many of his aides touted anew on Sunday that they had heard from foreign nations seeking to strike a deal.

“The tariffs are coming. Of course they are,” said Secretary of Commerce Howard Lutnick on CBS’s “Face the Nation.”

Mr. Trump’s 10 percent base-line tariff on nearly every trading partner went into effect on Saturday morning. Another round of tariffs that aim to punish countries that run trade deficits with the United States will snap into place on Wednesday morning.

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Kevin Hassett, the head of the White House National Economic Council, said that he did not expect to “see a big effect on the consumer in the U.S.,” even as he acknowledged in an appearance on ABC’s “This Week” that prices “might go up some” as a result of the tariffs.

Treasury Secretary Scott Bessent dismissed the steep declines in global markets last week as short-term, while emphasizing the need for an economic “adjustment process” in the United States. He added on NBC’s “Meet the Press” that there “doesn’t have to be a recession,” as the administration works toward “building the long-term economic fundamentals for prosperity.”

“We’re going to hold the course,” he said.

The reassurances come as Mr. Trump continues to strike a defiant tone over his tariffs in recent days. On Saturday, as the 10 percent levy went into effect, the president told his followers on Truth Social: “HANG TOUGH, it won’t be easy, but the end result will be historic.”

Mr. Trump has maintained that his tariffs can reset trade relationships that he sees as unfair and detrimental to American jobs and industries by reviving domestic manufacturing. He also wants the levies to raise new revenue to help pay for the costs of his economic agenda, including a package to cut corporate and individual taxes.

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But his trade policies have provoked substantial, widespread blowback, leading even U.S. allies to condemn Washington.

Last week, China announced a slate of aggressive retaliatory measures that raised the odds of a persistent and economically damaging trade war. Other nations have sought to negotiate lower rates: Vietnam, facing a 46 percent tariff rate that would be among the highest faced by any U.S. trading partner, is seeking a 45-day delay and proposed dropping its own tariffs to zero.

Fanning out on the Sunday news show circuit, the president’s top aides responded to the fallout by boasting they had already heard from dozens of countries that wanted to discuss trade.

“Listen, we’ve got 50 countries that are burning the phone lines into the White House,” said Brooke Rollins, the secretary of agriculture, on CNN’s “State of the Union.” She said Mr. Trump’s tariffs have left some countries “desperate and willing” to cut a deal.

But the White House has sent conflicting messages about its true appetite for negotiation. Mr. Trump suggested last week that he could cut a deal in exchange for a “phenomenal” return, but then posted on Saturday that the tariffs were “here to stay.”

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Mr. Bessent, asked whether Mr. Trump would be willing to cut a deal, suggested there was room to negotiate but that nothing would happen quickly. “They’ve been bad actors for a long time. And it’s not the kind of thing you can negotiate away in days or weeks” he said.

The confusion is unlikely to salve investors’ fears as markets prepare to open Monday, fresh off a weeklong rout during which major indexes fell precipitously. It was the worst weekly decline for the S&P 500 since the early days of the coronavirus pandemic.

At one point, Mr. Trump even appeared to suggest the market chaos was part of his strategy: He circulated a video from another user on Truth Social that argued the president is “purposely CRASHING” the markets in part to force the Federal Reserve to lower interest rates.

Pressed on the matter, Mr. Hassett on Sunday initially responded by saying the Fed is independent, before adding: “He’s not trying to tank the market.”

The wild gyrations in recent days have spooked even some Republicans on Capitol Hill. Representative Don Bacon, Republican of Nebraska, predicted that deeper losses could convince members of his party to support a bill that would help Congress reclaim some of its authority over tariffs.

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“It’s time that Congress restores its authorities here,” he said on CBS’s “Face the Nation.”

Alan Rappeport, Minho Kim and Michael Gold contributed to this story.

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Political watchdog fines Newsom for failing to report $5.5M in solicited donations on time

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Political watchdog fines Newsom for failing to report .5M in solicited donations on time

California’s political watchdog commission on Thursday finalized a $31,500 fine against Gov. Gavin Newsom, alleging that the Democratic leader failed to report three dozen behested payments totaling $5.5 million mostly to support wildfire recovery by the deadline under state law.

The Political Reform Act requires elected officials to disclose payments of $5,000 or more that they solicit or direct others to give to a charitable, legislative or governmental purpose within 30 days.

The California Fair Political Practices Commission said 34 of the violations were for failing to report on time that Newsom and his staff directed outreach from companies and foundations that wanted to help after the Los Angeles wildfires to the California Fire Foundation. The nonprofit was started in 1987 by the California Professional Firefighters to support the families of fallen firefighters and communities impacted by fire.

The donations include $1 million from the Chuck Lorre Foundation and $500,000 apiece from Lockheed Martin, the Anthem Blue Cross Foundation and BlackRock, among others gifts.

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The governor also failed in 2024 to report on time two behested payments, totaling $100,000 from the Schmidt Family Foundation and Schwab Charitable Funds to the Institute for Local Government, a nonprofit within the League of California Cities.

The commission said the governor reported all of the payments “prior to public discovery” or contact from its enforcement division, which it considered a mitigating factor. Newsom also signed the stipulation and agreed to the fine.

Tara Gallegos, a spokesperson for Newsom’s office, said the issue involved late paperwork at a time when the governor’s staff was focused on emergency response and supporting survivors. She also underscored the fact that the reports were filed before he was contact by the FPPC.

Gallegos said the fine is unrelated to an alleged investigation into the governor and his wife by the Department of Justice, which Newsom announced this week.

Newsom alleged Monday that Trump is using the government as a political weapon to target him and his wife, Jennifer Siebel Newsom. Newsom announced the investigation after he learned that the FBI and Internal Revenue Service asked his associates questions about nonprofits and businesses related to the couple.

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The governor’s office characterized the investigation as a fishing expedition. The Trump administration declined to comment.

A source familiar with the matter, who requested anonymity because they were not authorized to discuss it publicly, said two federal probes have been going on for about a year, and that they originated not from Washington, D.C., but from conversations between whistleblowers and federal prosecutors based in Sacramento. The probes are linked to Newsom’s former chief-of-staff, Dana Williamson, and Siebel Newsom’s taxes, the source said.

The FPPC violations mark the second time Newsom has reported payments late, which increased his penalty for the new infractions. The commission fined Newsom in 2024 for failing to timely report 18 payments totaling $14.4 million.

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Video: Erika Kirk’s Message for Women at Turning Point USA

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Video: Erika Kirk’s Message for Women at Turning Point USA

new video loaded: Erika Kirk’s Message for Women at Turning Point USA

Our reporter Vivian Yee details what she saw at this year’s Turning Point USA Women’s Leadership Summit in San Antonio.

By Vivian Yee, Christina Shaman, Lauren Pruitt, James Surdam and Melanie Bencosme

June 18, 2026

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New poll reveals where Americans stand after Trump agreement with Iran

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New poll reveals where Americans stand after Trump agreement with Iran

NEWYou can now listen to Fox News articles!

FIRST ON FOX: Americans are nearly evenly split between favoring Iranian regime change and a negotiated U.S. settlement with Iran, according to a new survey. 

Some 39% of respondents favor a negotiated settlement where Iran’s current government remains in place, with verifiable limits on its nuclear and missile programs, according to the findings of the Reagan Institute Summer Survey, while 36% favor replacing Iran’s current government with one more favorable to the U.S. 

Another 16% favor a weakened regime where the current government stays in place but is significantly diminished militarily and economically, and 8% responded that they don’t know. 

The findings underscore the political challenge facing President Donald Trump as his administration pursues a newly signed memorandum of understanding with Iran. While the agreement seeks to curb Iran’s nuclear ambitions through negotiations, Americans remain divided over the ultimate objective of U.S. policy toward the Islamic Republic.

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Americans are nearly evenly split between favoring Iranian regime change and a negotiated U.S. settlement with Iran, according to a new survey.  (Mandel NGAN / AFP via Getty Images)

AMERICANS AGREE WITH TRUMP THAT IRAN POSES THREAT TO UNITED STATES: POLL

Republicans who responded to the survey favored replacing Iran’s government by a 2-to-1 margin over a diplomatic deal. 

Republicans were far more likely than Democrats to favor a more aggressive outcome in Iran. Half of Republican respondents said they would prefer to see Iran’s current government replaced with one more favorable to the United States, compared to 25% who said they would favor a negotiated settlement that leaves the regime in place in exchange for verifiable limits on its nuclear and missile programs.

The findings were nearly identical among self-identified MAGA Republicans, 51% of whom favored regime change while 25% backed a negotiated settlement.

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SHARP PARTISAN DIVIDE EMERGES OVER IRAN STRIKE, TRUMP’S STRATEGY: POLLS

Democrats, meanwhile, largely favored diplomacy. A majority, 52%, said they would prefer a negotiated settlement with Iran’s current government, while 25% favored regime change. Another 14% favored leaving the regime in place but significantly weakened militarily and economically.

The Reagan Institute Summer Survey was conducted May 26 through June 3 among 1,555 respondents nationwide and carries a margin of error of plus or minus 2.5 percentage points. The survey used a mixed-mode methodology that included live telephone interviews, an online panel and text-to-web responses.

Smoke rises over Tehran following an explosion amid ongoing U.S. and Israeli military strikes on Iranian targets on March 2, 2026. (Majid Saeedi/Getty Images)

The findings underscore the political challenge facing President Donald Trump as his administration pursues a newly signed memorandum of understanding with Iran. (Hamid FOROUTAN / ISNA / AFP via Getty Images)

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Republicans were far more likely than Democrats to favor a more aggressive outcome in Iran.  (Pool via WANA/Reuters)

To better reflect the U.S. population, the results were weighted using demographic benchmarks from the U.S. Census Bureau’s 2023 American Community Survey, including age, gender, race, region and education levels. The poll also included an oversample of 331 MAGA Republicans under age 30, a group with a margin of error of plus or minus 5 percentage points.

The Reagan Institute is a Washington-based policy organization that advocates the Reagan foreign-policy tradition of “peace through strength” and sustained American leadership abroad.

The findings come as Trump has defended a newly signed memorandum of understanding with Iran as a way to reduce tensions and create a pathway toward a broader agreement addressing Tehran’s nuclear program.

The memorandum establishes a 60-day negotiating period during which the United States and Iran will attempt to reach a more comprehensive deal. The agreement also includes provisions aimed at restoring commercial shipping through the Strait of Hormuz and provides limited sanctions waivers tied to continued negotiations. Several of the most contentious issues, including the long-term future of Iran’s nuclear program, are expected to be addressed in subsequent talks.

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Trump has described the arrangement as a means of avoiding a wider conflict while pursuing what he called a “great settlement” with Tehran. He has also argued that the agreement could help stabilize energy markets by reopening the Strait of Hormuz, a critical global shipping route, while creating an opportunity to negotiate additional restrictions on Iran’s nuclear activities.

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The president added that he agreed to a settlement to avoid “economic catastrophe.” 

“I didn’t want to see economic catastrophe. If you kept this going, that could have happened,” he told reporters at the G7 Summit in France. 

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