During a heated interview with ABC News anchor Terry Moran, President Trump defended his 145% tariffs on China, dismissing concerns that the levies would inflate consumer prices. Moran challenged Trumpâs assertions, suggesting the tariffs would lead to increased costs for consumers. Trump countered that China might absorb the tariffs and emphasized his view that the tariffs are essential to rectify long-standing trade imbalances, labeling prior dealings with China as exploitative.
You don't know that, you don't know whether or not China's going to eat it.
But at 145%, they basically can't do much business with the United States.
And, they were making from us a trillion dollars a year, they were ripping us off like nobody's ever ripped us off.
Everything's going to be just fine. It wouldn't have been if I didn't do this.
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