Trump portends death of US economy if country is unable to counter tariffs – Washington Examiner
In a recent statement, President Donald Trump warned that the U.S.economy would face severe consequences if the country is unable to implement counter tariffs against other nations. This warning comes amid a legal dispute over his proposed “Liberation day” tariffs, which a U.S. court has currently blocked. Trump expressed concerns on social media, emphasizing that if the courts rule against these tariffs, it would jeopardize America’s economic stability and allow other countries to exploit the situation. He has long argued that tariffs are essential for counterbalancing the detrimental trade practices of other nations and for bringing manufacturing jobs back to the U.S.Trump’s remarks highlight his belief in the necessity of tariffs as a negotiation tactic, asserting that they are crucial for the nation’s economic survival.
Trump portends death of US economy if country is unable to counter tariffs
President Donald Trump forecasted the death of the U.S. economy if America were prevented from deploying counter tariffs against other countries.
A court battle is underway regarding Trump’s “Liberation Day” tariffs after the U.S. Court of International Trade blocked them from going into effect. The president reiterated comments he made over the weekend, issuing a grave warning if tariffs weren’t allowed to go into effect.
“If other Countries are allowed to use Tariffs against us, and we’re not allowed to counter them, quickly and nimbly, with Tariffs against them, our Country doesn’t have, even a small chance, of Economic survival,” Trump said in a post on Truth Social on Monday.
The language parallels a post he made Sunday:
“If the Courts somehow rule against us on Tariffs, which is not expected, that would allow other Countries to hold our Nation hostage with their anti-American Tariffs that they would use against us,” Trump wrote on Truth Social. “This would mean the Economic ruination of the United States of America!”
Trump has long argued that other countries use tariffs as one of many ways to harm the United States in trade. He has repeatedly presented U.S. tariffs as a way to counter predatory strategies from other countries and bring manufacturing home.
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While Trump has praised tariffs as good in and of themselves, in recent months, he’s focused on the deal-making aspect. He explained his logic after a reporter asked for a response to some traders’ allegations that he was “chickening out” when lowering tariffs.
“It’s called negotiation. You set a number. And if you go down, if I set a ridiculous high number and I go down a little bit, a little bit, they want me to hold that number, 145% tariff. Even I said, ‘Man, that really got up,’” Trump said last month, adding he brought the number down after negotiations.
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