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

"It's a huge number, and he's been collecting it every day."
In an article published on June 13, 2025, by Fortune, former U.S. Commerce Secretary Wilbur Ross discusses his experience with Donald Trump's tariff negotiation tactics during their time in office. Ross highlights how Trump used tariffs as a strategic tool to pressure trading partners into renegotiating trade deals, often employing a confrontational approach to achieve better terms for the U.S. He notes that while this method was controversial and led to tensions with allies, it sometimes resulted in successful outcomes, such as revised trade agreements. Ross also reflects on the broader implications of these tactics, suggesting that while they can be effective in the short term, long-term economic relationships require a more balanced and cooperative approach.

Read the Full Fortune Article at:
[ https://fortune.com/2025/06/13/wilbur-ross-donald-trump-tariff-negotiation-tactics/ ]