Trump is betting big on his latest move.
President Donald Trump is pushing forward with his bold economic agenda, dismissing concerns from businesses about the uncertainty surrounding his planned tariffs and the potential for higher consumer prices. Despite the volatility in the markets, Trump remains confident that his approach will ultimately benefit the United States, even if it causes some short-term disruptions.
Following a brief pause on tariffs imposed on Mexico and Canada, which caused temporary market instability, Trump reiterated his commitment to imposing broader “reciprocal” tariffs. Starting on April 2, the new tariffs will ensure that the U.S. charges other countries the same tariffs they impose on American goods. In an interview with Fox News Channel’s Sunday Morning Futures, Trump explained, “What they charge us, we charge them.”
While some economists have warned of an economic slowdown, Trump acknowledged the potential for short-term challenges but insisted that the long-term benefits would outweigh the risks. “It’s going to be great for us,” he said, emphasizing that the goal of his tariffs is to bring wealth back to America. He also suggested that the transition period could take time but remained optimistic about the outcome. “We’re doing something very big, and it takes a little time.”
The president dismissed concerns from businesses struggling with unpredictability, pointing out that the U.S. had been exploited by globalists for too long. “All we’re doing now is getting some of it back, and we’re going to treat our country fairly,” he asserted.
In addition to the tariffs already in place, more measures are on the way, including 25% tariffs on steel and aluminum imports, which will go into effect this week. Secretary of Commerce Howard Lutnick confirmed that additional tariffs on Canadian dairy and lumber will be delayed until April. While some industries may see price increases on foreign goods, Trump emphasized that the ultimate goal is to make American goods more affordable and encourage Americans to buy domestic products, strengthening the U.S. economy in the process.
By standing firm on tariffs, Trump is taking decisive action to protect American workers and businesses from unfair trade practices, sending a clear message to the world that the era of being taken advantage of is over.