In a recent Oval Office press conference, President Donald Trump discussed the impact of tariffs, admitting they might lead to short-term price increases for consumers. However, he remains optimistic that this will be offset by significant job growth, benefiting farmers and manufacturers alike. Trump criticized the previous administration's treatment of farmers and asserted that American consumers should prepare for possible temporary disturbances but ultimately expect positive economic outcomes as a result of his administration's tariff policies.
I think what's going to go up is jobs are going to go up tremendously... but prices could go up somewhat short-term, but prices will also go down.
The last administration hated our farmers, like at a level that I've never seen before... I think our farmers are going to be helped, jobs are going to be helped.
If somebody wants to come in including the car companies... if they want to come in and build car plants, they'll do it without tariffs and therefore prices won't go up.
Nobody really knows what is going to happen other than: We know that jobs are going to be produced at levels that we haven't seen before.
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