Part 7/12:
Despite Trump's aggressive stance, some members of his administration, like Yellen, have emphasized the dangers tariffs pose to the broader U.S. economy, including slower growth and increased inflation. The ongoing trade war hampers global trade, contributing to a climate of high friction and low trust among major economies. Furthermore, Trump's fluctuating messaging—from suggesting tariffs could be lowered to firm threats—creates an unpredictable negotiation landscape.