Trump Touts ‘Billions’ In Tariffs As Inflation Continues to Cool

“Mr. President, what is your response to critics who believe your tariff strategy has led to a recession?” he was asked.

“I believe they should return to business school. It is so evident. It is so evident. I mean, we are receiving billions and billions of dollars from China and numerous other countries. I received a call from someone in the House, a high-ranking official. ‘Sir, we have a problem. We are uncertain about what to do. The financial records are a mess.’ I asked, ‘What do you mean by the financial records?’… ‘The records, the money, the money coming in is so poor.’

I thought, oh dear, what is this? I do not like this question. I said, ‘So what?’… ‘There is so much money coming in that there must be some sort of accounting error because we have hundreds of billions of dollars more than we anticipated.’ I said, ‘Please do me a favor. Go check and call me back. You must call me back. Verify the tariff column.’ He called me back two hours later. ‘You were correct. We collected 88 billion in tariffs,’” the president stated.

“They are experiencing a significant influx of revenue; however, what is even more crucial than this revenue is the arrival of companies, the establishment of factories, and the construction of auto plants. Artificial Intelligence is being developed here rather than in Europe and Asia. We possess all of this. We have approximately 15 trillion dollars, Scott. I believe we are close to that figure. We visited Saudi Arabia, Qatar, and the UAE. The leaders there are exceptionally intelligent and capable.

We secured 5.1 trillion dollars from those regions alone, excluding tariffs. Additionally, they are quite fond of the dates November 5th, 6th, and 7th, which marked a very favorable time period known as the presidential election. In the past, elections were held in a single day, but now they span several days. Even if we only consider that brief period, it was evident that a landslide victory was imminent. They appreciate that, and they have a strong affinity for the tariffs,” he stated.

“Recently, Texas Instruments visited us, a major corporation. They announced, ‘We are investing 60 billion dollars into new plants, new equipment, and everything new. Sir, you will maintain the tariffs, won’t you?’ President Trump responded.

“However, if someone else were to be elected, there is concern that these tariffs might be removed. We assure you that they will never be eliminated,” he continued.