Home/News Feed/US White House defends Trump's tariffs despite public opposition and rising consumer prices. At the B20 summit, a senior White House official defended Trump's tariffs as essential for U.S. manufacturing and national security, despite widespread public opposition and rising consumer prices. Former Trump advisor Gary Cohn criticized the tariffs as a tax on consumers, highlighting the political backlash seen in recent elections. Business leaders noted a shift toward regional supply chains, and Democrats face challenges in reversing tariffs despite gaining Congress control. Inflation remains high, partly due to tariffs, complicating the economic outlook.
As of Nov 11, 2026 04:02 WIB, IBM trades at USD 244.27 on Pluang, down slightly by 0.06% for the day, well below its 52-week high of USD 329.23 but above its 52-week low of USD 205.77. Despite the political and economic tensions discussed in the news, IBM's dividend yield remains steady at 2.76%, while most Pluang users are selling rather than buying, with 99% of order activity on the sell side. This suggests cautious sentiment among investors amid ongoing tariff debates.