What Trump and his administration have said about the tariffs policy currently roiling global markets

President Donald Trump has proposed sweeping tariffs targeting U.S. trading partners, including a 10% across-the-board baseline tariff that went into effect Saturday.

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In response, investors have initiated a massive stock sell-off amid fears that the scale of what Trump has proposed threatens to remake the world economic order — and weaken overall global output, including growth in the U.S.

For Subscribers

FOR SUBSCRIBERSEurope’s protests are about more than schools. They are a generational roar.

FOR SUBSCRIBERSTrump is desperate to bring gas prices down. The solution might be in India.

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FOR SUBSCRIBERSInside the reopened U.S. Embassy in Caracas

FOR SUBSCRIBERSAIPAC shifts tactics amid voter frustration with Israel

FOR SUBSCRIBERSThe viral attack ad featuring an estranged mother

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But Trump and other White House officials have shown no sign they will back off from the proposal, which includes duties of more than 40% on some nations — and with 104% threatened on China.

Below are recent comments from senior administration officials making the case for the duties