Washington: U.S. President Donald Trump admitted tariff hikes might cause difficulties but promised excellent long-term results.
He stated that any country imposing tariffs on U.S. imports would face even higher tariffs in response.
Trump emphasized that America would no longer allow unfair trade practices to continue.
He assured that these measures would strengthen the U.S. economy significantly.
Golden Era
Trump declared that America was entering a golden era under his leadership.
He vowed to “Make America Great Again” through strong economic policies.
According to him, the country was now being governed with intelligence.
He claimed these policies would bring remarkable benefits to the nation.
Canada Question
Trump questioned why the U.S. spends hundreds of billions subsidizing Canada.
He argued that America does not need anything from Canada.
Trump suggested Canada should stop depending on U.S. financial support.
He insisted that American taxpayers should not bear the cost of Canadian subsidies.
Trade Retaliation
Trump made it clear that all trade partners must follow fair policies.
He warned that imposing tariffs on U.S. goods would bring economic consequences.
Trump stated America must act strongly against unfair trade restrictions.
He stressed that protecting American businesses remained his top priority.
Economic Impact
Trump acknowledged that higher tariffs might cause some temporary difficulties.
However, he assured that these policies would ultimately strengthen the economy.
He insisted America must endure short-term pain for long-term economic stability.
Trump claimed these actions would help the U.S. regain economic leadership.
Self-Sufficiency
Trump repeatedly stated that America does not depend on foreign nations.
He argued that the U.S. has enough resources to sustain itself.
According to him, reducing reliance on imports would benefit the country.
Trump urged American industries to focus on local production.
Global Trade
Experts warn these tariff policies could trigger international trade conflicts.
Several countries may introduce countermeasures against U.S. tariff hikes.
Economists predict global markets could face disruptions due to these actions.
Despite concerns, Trump remains committed to his trade strategy.