Former President Donald Trump held a press conference at the White House following recent Supreme Court rulings. While the event was intended to focus on legal victories, the question-and-answer session shifted toward broader economic topics, including tariffs, trade, and inflation.
When asked about the impact of tariffs, Trump claimed that the United States has collected “billions and billions of dollars” through his trade policies. He argued that the revenue is evidence of success and dismissed critics who have linked tariffs to broader economic challenges.
“I have taken criticism for years on this, but the numbers speak for themselves,” Trump said. “We are receiving significant revenue, and inflation is coming down.”
Pressed further on concerns that tariffs could contribute to a recession, Trump responded, “I believe the evidence shows otherwise. Companies are investing here, factories are being built, and we’re seeing major commitments from corporations like Texas Instruments, which announced a $60 billion investment.”
Trump also suggested that foreign partners and investors continue to show confidence in U.S. economic policies, pointing to trade and investment agreements with countries in the Middle East. He framed tariffs not only as a source of federal revenue but also as a tool to encourage domestic industry and technological development.
As the 2024 election cycle continues, Trump’s comments underscore how trade policy remains a central theme of his economic message, one that he says will carry into any potential second term.