Trump Touts ‘Billions’ In Tariffs As Inflation Continues to Cool
During a press conference celebrating recent Supreme Court victories, President Donald Trump shifted the focus to one of his key economic policies—tariffs. When a reporter mentioned that a prominent economist had reversed course and now supported Trump’s strategy, the president welcomed the question, calling it his favorite and saying, “We’re receiving hundreds of billions of dollars, with no inflation whatsoever.”
Pressed on critics who claim tariffs contributed to a recession, Trump strongly disagreed, suggesting those critics should “go back to business school.” He described a conversation with a House official who believed there was a financial reporting error due to unexpectedly high revenue. After further review, the official confirmed the U.S. had collected $88 billion in tariffs.
Trump argued that the impact of tariffs goes beyond revenue, pointing to increased domestic investment. He claimed companies are returning to the…
