Trump Proposes Universal Tariffs to Combat Foreign Economic Exploitation

January 21, 2025
Trump Proposes Universal Tariffs to Combat Foreign Economic Exploitation
  • During a press conference at the White House on January 20, 2025, President Donald Trump suggested the possibility of implementing universal tariffs.

  • He expressed concern that foreign countries are exploiting the U.S. economy, claiming they are stealing wealth, jobs, and companies.

  • The President emphasized that tariffs could serve as a protective measure to prevent this foreign exploitation of American businesses.

  • However, Trump acknowledged that the United States is not currently ready to implement such tariffs, indicating it may be a consideration for the future.

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