Minutes after President Donald Trump’s announcement of a 90-day pause on most of the tariffs he had imposed, Washington’s most prominent tax-cut advocates cheered the dramatic reversal.
President Donald Trump announced on social media that tariffs will fall to a baseline of 10% for 90 days, except for China’s, which will be raised even higher, to 125%.
The gathering at the Capitol was hosted by Grover Norquist, the founder of Americans for Tax Reform, who has long been Washington’s most prominent anti-tax activist.
Norquist hosted a press conference aimed at urging Congress to extend Trump’s 2017 tax cuts, not knowing that the 90-day pause on tariffs would occur as he was speaking.
