"If we didn't have tariffs, you would have no steel. We wouldn't have one steel mill anywhere in the United States. And that would be really bad for national security. We need the one thing you need, you need steel. You know, you can give up certain products. You can give up pencils. That's under the China policy. You know, every child can get 37 pencils. They only need one or two, you know. They don't need that many."
"Is it a good look for him to be telling parents, You should only buy two or three dolls for your kids,' when he's one of the wealthiest people in the country? Leavitt snapped back, Do you think the people in that room in Pennsylvania don't know the president's a billionaire? I think it's a well established fact. They re-elected him because he's a businessman, understands the economy, and is fixing it, just like he did in his first term."
The president acknowledged that tariffs are contributing to price increases while arguing that tariffs are necessary to preserve U.S. steel mills and protect national security. He suggested consumers can temporarily give up certain products, saying children do not need 37 pencils or 37 dolls and that two or three items are sufficient. A reporter questioned whether the president's billionaire status made such guidance inappropriate given affordability struggles. A spokesperson responded that voters know the president is wealthy and credited his business experience and prior term for improving the economy.
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