- Donald Trump could be considering declaring a national economic emergency to provide legal justification for universal tariffs he promised on the campaign trail. Markets are reacting to the CNN report, but there’s no way to know what he’ll do when he takes office.
Donald Trump, the once and future president and self-proclaimed “Tariff man,” could declare a national economic emergency to provide legal justification for universal tariffs he floated on the campaign trail and since his victory, according to CNN, which cited four people familiar with the matter.
