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Fortune

Eleanor Pringle

Trump won't deliver on maximum tariff pledges, says his former commerce secretary

Wilbur Ross Donald Trump Commerce United States Mark Rutte Ronnie Walker China Europe Fortune NATO

Former Commerce Secretary Wilbur Ross (R) speaks before U.S. President Donald Trump at the White House on March 22, 2018 in Washington, DC. (Credit: Mark Wilson—Getty Images)

Wilbur Ross, who served as commerce secretary in Trump’s first cabinet, said the president will not have to follow through on tariff threats because other nations simply can’t afford a trade war.

President Donald Trump fully understands the power of U.S. economic influence, says Wilbur Ross, his former commerce secretary, and knows even the slightest hint of trouble can shake global markets into action.

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