Quotes
I took in, during my four year(s), hundreds of billions of dollars from China.”
Trump repeated his regular assertion They take no cars.”
And while US automakers have often struggled to succeed in Europe, Trump went too far when he said We have a tremendous deficit problem with China. They have a surplus of at least a trillion dollars a year. I think it’s like a trillion-one,
The tradeoffs from these tariffs are too high,
There’s got to be a better way than using them as blunt instrument. Ultimately, they hurt Americans — they’re taxes on Americans.”
While politically speaking there might be a reason to use them in certain circumstances, he said They have to balance out their trade, number one. We have deficits with almost every country — not every country, but almost — and we’re going to change it.”
Asked what Canada and Mexico needed to do to avoid sweeping new 25% tariffs, Trump said Trade helps us to be better off,
We have a tremendous deficit problem with China".
Making the remarks on board US Air Force One, Trump said I don't want anything to go down, but sometimes you have to take medicine to fix something."
On being asked about the bloodbath in the stock market, Trump added With the tariffs that I've already instituted, what's going to happen with the market... I can tell you, our country has gotten a lot stronger, and eventually. It'll be a country like no other. It'll be the most dominant country economically in the world
Speaking about how the tariffs would affect the stock market, Trump added We have massive financial deficits with China, the European Union, and many others. The only way this problem can be cured is with tariffs, which are now bringing tens of billions of dollars into the USA. They are already in effect, and a beautiful thing to behold."
Sharing a post on social media platform Truth Social on Sunday (local time), Trump wrote The surplus with these countries has grown during the "Presidency" of sleepy Joe Biden. We are going to reverse it, and reverse it quickly. Some day people will realise that tariffs, for the United States of America, are a very beautiful thing!"
I was elected on this,
So, I think that we're going in the right direction,
Most of Joe Biden's jobs that he added were government jobs and part-time jobs,