"We had a lot of stupid people running [the country]. That's why we have $38 trillion in debt. But the beautiful thing about the tariffs is we'll start paying off that debt. The money coming in, they're finding money in our country now that they never knew existed. The other day, $30 billion. Where did it come from? I said, Why don't we check the tariff shelf? They said, Sir, that tariff hasn't started yet. It doesn't start until January."
"The president went on to reiterate that he hopes the Supreme Court finds the tariffs constitutional. Last month, several justices including those appointed by Trump appeared skeptical of the government's insistence that the president can unilaterally impose sweeping tariffs. I hope the Supreme Court, I pray the Supreme Court understands the importance of the sensible, really, I mean, this would be country-threatening if something happened with regard to that, Trump added, before calling the parties who sued to end the tariffs bad people."
The administration says tariffs on many imports have generated previously undiscovered revenue. Officials cited an unexpected $30 billion recently traced to tariff collections that were thought not to have started yet. The USMCA is said to expire in 2036, and leaders from the United States, Mexico, and Canada are scheduled to meet next year to review the agreement. Tariff revenue is presented as a tool to begin paying down the nation's large debt. The administration hopes the Supreme Court will find the tariffs constitutional despite some justices expressing skepticism about unilateral presidential authority. Parties who sued to end the tariffs were called 'bad people'.
Read at www.mediaite.com
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