Hegseth Responded Perfectly to the Libs' Uproar Over Our Air Campaign Against Narco-Terror...
Walk, Don't Run, Concerning This Latest Development About the J6 Pipe Bomb Suspect
Lawmaker Under Fire for Representing Somalia Instead of Her Constituents
Supreme Court Just Agreed to Rule on This Controversial Immigration-Related Executive Orde...
Yes, Richard Gere, Illegal Immigrants Are (D)ifferent
Check Out What This Chinese Communist Agent Said About NY Governor Kathy Hochul
The Media's Latest Defense of Minnesota's Somali Community Fails Basic Math
Green New Deal Countdown: Ocasio-Cortez Stays Silent Amid Retreat of Climate Alarmism
JD Vance Blasts 'Bullsh*t Narrative’ Blaming Trump Administration for Biden’s Economy
The Book (and the Monk) Behind the Pope
Two Illinois Brothers Indicted in $293M COVID Testing Fraud Scheme
Woman Charged With Smuggling Aliens Through Canada
Maxine Waters Calls Trump a Killer For Destroying NarcoTerrorists
ATMs Help Trace $250K Unemployment Fraud Scheme to Michigan Government Employee and Partne...
Prosecutors: Ex-Contractors Wiped 96 Government Databases in Retaliatory Plot
Tipsheet

Trump Explains Why He Put a Pause on Tariffs

AP Photo/Mark Schiefelbein

Speaking to reporters at the White House Wednesday afternoon, President Donald Trump was asked why he decided to issue a 90-day pause of reciprocal tariffs on cooperating countries one week after declaring "Liberation Day" from the Rose Garden. 

Advertisement

"Can you walk us through your thinking?" a reporter asked. 

"Well, I thought that people were jumping a little bit out of line. They were getting yippie, you know, they were getting a little bit yippie, a little bit afraid, unlike these champions, because we have a big job to do," Trump said. "No other president would have done what I did. No other president, I know the presidents, they wouldn't have done it. And it had to be done. What was happening to us on trade, not only with you know, if you look at it, not only with China, but China was by far the biggest abuser in history and others, also. But somebody had to do it. They had to stop because it was not sustainable."

While Trump issued a pause for most countries, Trump increased tariffs on China to 125 percent but insists a deal will eventually be made. 

"We have a tremendous amount of spirit from other countries, including China. China wants to make a deal. They just don't know how quite to go about it. You know, it's one of those things," he continued. "Quite proud people. And President Xi is a proud man. I know him very well. They don't know quite how to go about it, but they'll figure it out. They're in the process of figuring it out. But they want to make a deal."

Advertisement

 "I did a 90 day pause for the people that didn't retaliate, because I told them, If you retaliate, we're going to double it. And that's what I did with China, because they did retaliate," Trump said. 

The Dow Jones Industrial average closed above 2800 points Wednesday on news of the pause. 

Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos

Advertisement
Advertisement
Advertisement