Donald Trump is warning that tariffs on the US’s biggest trading partners will cause “a little disturbance,” as he pledges to continue with his sharply divisive domestic agenda in a combative speech to Congress.
During the speech, Trump reiterated his decision to impose 25 per cent tariffs on Canada and Mexico, as well as an additional 10 per cent levy on China.
“Tariffs are about making America rich again, and making America great again,” he stated. “It’s happening, and it will happen rather quickly.”
Despite concerns from businesses and consumers about the disruptive effect of tariffs, Trump remains steadfast in his approach.
Trump also announced that “reciprocal” tariffs on goods from various countries would be implemented on April 2.
Trump’s lengthy address to a divided chamber, where Democrats held signs of protest, marks a pivotal moment in his presidency.
He emphasized his approach to foreign policy, vowing to “get” Greenland and indicating a willingness to negotiate peace deals.
In a surprising shift, Trump expressed optimism about negotiations with Ukraine and Russia, signaling a potential breakthrough in peace talks.
Domestically, Trump outlined his commitment to fiscal responsibility and tax cuts, while criticizing his predecessor Joe Biden for various issues.
He highlighted accomplishments in reducing government spending and pledged to further cut costs and bureaucracy.
In a lighter moment, Trump made a quip about the Chips Act and incentives for businesses investing in the US. He expressed appreciation for investments from Taiwan Semiconductor Manufacturing Company.
The speech highlighted Trump’s commitment to his agenda, despite challenges and opposition from Democrats in Congress.
