United States President Donald Trump declared that his country is once again "rich, powerful and nationally secure".
He stressed that the stock market is "stronger than ever" thanks to the tariffs he has imposed on various countries and sectors.
On his social network Truth Social, Trump noted that the decision that the Supreme Court is due to make soon, namely whether the president exceeded the powers granted to him under the International Emergency Economic Powers Act to introduce these tariffs, is "the most important case" in the history of this institution.
He pointed out that American automakers Ford and General Motors have risen in the market thanks to his tariff policy.
Trump attributed the alleged rise in the companies' shares to "tariffs imposed on large and medium-sized trucks coming from other countries". He concluded by saying: "Thank you, President Trump!".
In premarket trading hours, Ford shares rose 4.7%, reaching $12.93 at 7:15 a.m. Eastern time. At the same time, General Motors shares were unchanged at $66.79.
Against this backdrop, Trump accused Canada of "tariff fraud" and said that Ottawa had tried to "illegally influence" of the U.S. Supreme Court.
"They fraudulently placed a large ad saying that Ronald Reagan didn't like tariffs, when in fact he LOVED TARIFFS FOR OUR COUNTRY AND ITS NATIONAL SECURITY", Trump wrote on Truth Social, stressing that other countries "can no longer take advantage of the U.S.".
The president also thanked the "Ronald Reagan" Foundation for "exposing this SCAM".