President Trump continues to resist calls from hundreds of companies to drop tariffs he has placed on foreign goods, arguing that the levies do not impose costs on American companies, despite economic evidence to the contrary.
The Trump administration has been weighing an executive order that would defer tariff payments on some imports, though not cancel the levies outright. But Mr. Trump said Tuesday evening that he had yet to approve the measure, and it was not clear if the administration would ultimately proceed with it.