“Oil prices are down, interest rates are down (the slow-moving Fed should cut rates!), food prices are down, there is NO INFLATION, and the long-abused USA is bringing in Billions of Dollars a week from the abusing countries on tariffs that are already in place,” he said in an interview on Truth Social in support of the tariffs.
This is true even though China, the largest abuser of all, has just increased its tariffs by 34% on top of its long-standing absurdly high tariffs (Plus!), ignoring my advice to abusive nations not to respond. China’s markets are collapsing.
“They’ve profited enough from exploiting the Good Ol’ USA for decades! It is the fault of our former “leaders” that this and so much more happened to our nation. “RESTORE GREATNESS IN AMERICA!”
China is retaliating by imposing a 34 percent tariff on US goods, which will take effect on April 10.
In response to allegations that Trump’s tariffs “seriously violate WTO rules,” the country has filed a case with the World Trade Organization (WTO).
