On Tuesday evening, President Trump gave a speech at the National Republican Congressional gala dinner in Washington, D.C., during which he strenuously defended his comprehensive tariff plan.
While the immediate aftermath of his tariff announcement has led to large losses in the stock market, the MAGA leader continues to argue that the tariffs will push various countries to try to negotiate a deal with the United States, thus stimulating the economy.
“I know what the hell I’m doing”, Trump announced once he took the floor, “”Many countries have — they’ve ripped us off left and right. But now it’s our turn to do the ripping”. Soon after, the president was even more explicit, adding: “I’m telling you, these countries are calling us up, kissing my a**. They are — They are dying to make a deal. ‘Please, please, sir, make a deal. I’ll do anything’”.
Trump further stated: “And then I’ll see some rebel Republican – some guy that wants to grandstand and say ‘I think that Congress should take over negotiations.’ Let me tell you, you don’t negotiate like I negotiate.”
The MAGA leader then focused on China, explaining that the 104 percent tariffs levied on imports from the country “might seem ridiculous,” adding, however, that Beijing had adopted tariffs exceeding 100 percent against the U.S. in the past. “China will now pay a big number to our treasury. This is all taxes”, the president said.
Trump also bragged about having the “most successful 100 days in the history of this country,” apparently forgetting the global stock market crashes after the tariffs were announced and the many “Hands Off!” demonstrations protesting against his human rights decisions. During his speech, he also reiterated his willingness to announce new tariffs that will soon hit the pharmaceutical factor. The government’s goal will be to bring drug production back to the U.S. in this way. However, at the moment it has not been revealed when the new duties on these products will be triggered.
“I’m proud to be the President for the workers, not the outsourcers”, Trump wrote on his Truth account, perhaps forgetting that these cuts and the subsequent anticipated rise in cost of living affect the working class more than the billionaires. Many in the middle class are seeing their 401K assets gradually disappear with each brutal stock market session. He added, “the President who stands up for Main Street, not Wall Street; who protects the middle class, not the political class; and who defends America, not trade cheaters all over the globe”.
