‘Tariff is my favorite…’, Trump gave a big statement on import duty, said – it is making US rich

Donald Trump Tariff Policy: US President Donald Trump’s love for tariffs is not hidden from anyone. Recently his love was seen when he again gave a big statement on tariffs during a public meeting in Pennsylvania. Calling it his “favorite word,” he said the tariffs are not only making American farmers richer, but also bringing “hundreds of billions, if not trillions, of dollars” to the US.

According to Trump, this policy is strengthening the country’s economy and giving America an edge in global competition. He has given similar statements many times before. During an event at Quantico in October, he said that one of the first executive orders he signed upon taking office was to restore the “merit-based principle.”

Tariff is making the country rich

The US President had stressed that the word ‘tariff’ is one of the most beautiful and important words for him, because through it the country is becoming ‘very rich’. Apart from this, he has also given another statement on social media in support of his tariff policy. He said that if the Supreme Court rules against the imposition of tariffs, it will be detrimental to national security. Trump warned that in such a situation, America may suffer huge losses and the country may become economically helpless.

Currently the US Supreme Court is reviewing the constitutional validity of this tariff policy of the Trump administration. Trump claims that tariffs have not only strengthened the country’s economy but also strengthened national security. The case is still being heard in court, although no specific date for the final verdict has been set yet.

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Preparation for tariff on Indian rice

Trump has indicated that he may impose tariffs on Indian rice. The move could follow dumping complaints by US farmers, who raised concerns about the damage being caused to US producers by imports of cheap foreign goods, particularly rice.