Donald Trump’s tariff plan: US President Donald Trump’s tariff plan has created a stir in the whole world. Trump has imposed this tariff on those countries which impose high tariff on American exports. On Saturday, American citizens took out rallies across the country against President Donald Trump and businessman Elon Musk. The purpose of these rallies is to express their opposition on many issues including tariff, layoffs of employees, the current state of the economy and human rights. These protesters have also come out on the streets against many executive orders of the Trump government. The protesters are criticizing the steps taken by the Trump administration.
‘Tariff is a very beautiful thing for America’
Meanwhile, Trump has posted on Truth that tariff is a beautiful thing. He said, “We have a huge financial deficit with China, the European Union and many other countries. This problem can only be solved through tariffs, which are now bringing billions of dollars to the US. They are already in effect, and are very beautiful to look at. The surplus with these countries has grown during the “presidency” of Sleepy Joe Biden. We are going to reverse it. Someday people will realize that tariffs, for the United States, are a very beautiful thing.”
US President Donald Trump posts, “We have massive Financial Deficits with China, the European Union, and many others. The only way this problem can be cured is with TARIFFS, which are now bringing Tens of Billions of Dollars into the U.S.A. They are already in effect, and a… pic.twitter.com/Uw3ryOzyDZ
— ANI (@ANI) April 6, 2025
Clarified the fall in the stock market
Earlier on Sunday, giving a big statement, the US President said that foreign governments would have to pay “a lot of money” to get the US tariffs removed. When the US President was asked about the instability in the economy around the world due to the tariffs and the fall in the stock market, he said that tariffs are a kind of medicine and sometimes one has to drink ‘bitter sips’. Trump said that even though it is affecting the market at the moment, it is necessary for the long-term health of America.
Trump also said that he is not worried about the huge fall in the US stock market. In the recent past, the value of US stocks has been wiped out by about $6 trillion (about Rs 500 lakh crore), but Trump said, “I don’t want anything to go down. But sometimes you have to take medicine to fix something.”
Just a few days ago, tariffs have been imposed on countries of the world
Just a few days ago, Donald Trump had announced tariffs on many countries of the world including India. Trump had also announced a 26 percent tariff on India. Apart from India, other countries on which tariffs have been imposed include countries like China, Malaysia, Canada, Pakistan, Vietnam.
