Trump Declares Tariffs Are a Success

POTUS Donald Trump

In a crucial statement, President Donald Trump has announced an end to his “operation” involving tariffs on various countries, declaring a success “Liberation Day” as American industries’ rebirth.

See the tweet below!

This announcement, made on Truth Social, vows a stronger economic future.

US President Donald Trump declared “Liberation Day” to mark the conclusion of his monumental tariffs decision.

He announced on Truth Social that “the operation is over,” affirming that “the patient lived, and is healing.”

This marks a significant attempt to invigorate American industry and reclaim national destiny.

Trump’s tariffs, part of his “America First” policy, target what he considers unfair trade barriers.

These measures impose a minimum 10% levy on all imports into the United States.

Notably, Vietnam faces a steep 45% tariff, followed by Thailand at 36%, and Taiwan at 32%.

The president sees these measures as necessary to support American workers and bolster economic growth.

His government portrayed this move as a pivotal moment in American industry.

While tariffs on Chinese goods stand at 34%, the European Union faces a 20% increase, with other nations similarly affected.

“This is Liberation Day,” Trump said, adding that it would “forever be remembered as the day American industry was reborn, the day America’s destiny was reclaimed.”

However, economists have sounded the alarm over potential consequences, warning that aggressive trade policies could lead to inflation.

The global markets’ reaction has been cautious, with US stock futures declining and gold prices rising as investors seek safe havens amidst uncertainty.

President Trump also announced a 25% tariff on foreign vehicles not assembled in the US, aiming to reinvigorate the domestic automotive industry.

Yet, this announcement coincided with a negative hit to the stock market, as indices such as the Dow Jones, S&P 500, and Nasdaq experienced notable declines.

“THE OPERATION IS OVER! THE PATIENT LIVED, AND IS HEALING. THE PROGNOSIS IS THAT THE PATIENT WILL BE FAR STRONGER, BIGGER, BETTER, AND MORE RESILIENT THAN EVER BEFORE. MAKE AMERICA GREAT AGAIN!!!” Trump wrote.

With hefty tariffs reminiscent of the Smoot-Hawley Tariff Act, economists fear these actions may incite retaliation, raising the specter of a global trade war.

While Trump likened these developments to healing surgery, the long-term economic health remains uncertain.