The president will be addressing the decades of unfair trade practices that have ripped our country off and American workers off,
There are measures that we can take that at a minimum, level the playing field with the United States and again it depends on the broader measures they take tomorrow, if indeed, they do against Canada,
I think all of us are anxious to see … what the president actually comes out with in terms of tariff policy,
Setting a more certain baseline on tariffs and more specificity allows us to start planning for the new circumstance, and then to start negotiating it item by item, country by country, product by product, and see what the rules are for waivers,
Taxes, under the Constitution, are supposed to originate in the House, then come to the Senate. But they're certainly not to be passed by a president, with only the president voting in favor of them, and no vote by Congress,
The emergency is being invented to do the tariffs, to do the taxes on everyday Americans. Why? So they can use the tariff revenue to give a tax cut to billionaires,
This isn't blind faith — remember what he accomplished in the first administration before COVID,
We have seen the tariff announcement and we are evaluating the impact,
Their Prime Minister (Narendra Modi) just left (US recently). He is a great friend of mine, but I said to him that 'you're a friend of mine, but you've not been treating us right'. India charges us 52 per cent, so we will charge them half of that - 26 per cent.”
This will obviously lead to major economic disorder on the products impacted, not only in Europe but also in the United States,
They risk being pretty powerful. People are speaking of tariffs between 20 and 25 percent,
The message is congratulations, if you make your car in the United States, you’re going to make a lot of money. If you don’t, you’re going to have to probably come to the United States, because if you make your car in the United States, there is no tariff.”
He’ll eventually get around to us,
I don't think I have ever mentioned the word uncertainty as many times as I have in the last few weeks, because we simply don't really know to this day, which is supposed to be the day when it is announced, what the deal (with the U.S.) will be for the rest of the world,
It will be negative the world over and the density and the durability of the impact will vary depending on the scope, on the products targeted, on how long it lasts, on whether or not there are negotiations,
There’s no script for how reciprocal tariffs get priced, and uncertainty is the only constant,
If you’re going to remodel your house to make it better in the end, it’s going to be really annoying in the short term, when your house is getting remodeled and there’s drywall dust everywhere and there’s workers in your living room,
We don’t believe in an eye for an eye, a tooth for a tooth, because that always leads to a bad situation,
It’s simple: If you make your product in America, you will pay no tariffs,
On average, the European Union, China, Brazil, India, Mexico, and Canada — have you heard of them? — and countless other nations charge us tremendously higher tariffs than we charge them. It’s very unfair,