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Fortune
Fortune
Eleanor Pringle

Trump's tariff deal 'quietly' added 10% raise which nobody is complaining about anymore, says Wilbur Ross

U.S. President Donald Trump listens to former Commerce Secretary Wilbur Ross speak (Credit: Mark Wilson - Getty Images)
  • Wilbur Ross, former Commerce Secretary and a key architect of Trump’s first-term trade policy, describes Trump’s current tariff strategy as a deliberate evolution: moving faster, hitting harder, and using broader executive powers to impose tariffs for both economic and diplomatic leverage.

The Trump administration’s use of tariffs has sparked debate over the ultimate goals of its economic strategy. However, a former Cabinet member and key trade advisor to the President has suggested there is an underlying logic to the approach.

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