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Trump will send companies back to the US with terrible tariffs

In my eyes, tariffs are the most beautiful word in the dictionary, said the Republican presidential candidate

Oct 16, 2024 05:33 66

Trump will send companies back to the US with terrible tariffs  - 1

Donald Trump said he is considering " terrible" customs tariffs intended to "make" companies to return to the US if he wins the presidential election on November 5, reported France Press, quoted by BTA.

"In my eyes, tariffs are the most beautiful expression in the dictionary," said the Republican candidate for the White House during an interview with the Economic Club of Chicago.

The former Republican president, whose motto during his tenure was "America First,", vowed to "bring business back" in the leading economic power. To this end, the billionaire promised to reduce "even more" taxes for companies that manufacture their products in the US. The rest, on the other hand, will pay "high" customs, he stressed.

"The higher the tariffs, the more likely a company will locate in the US," explained the candidate, who said he was "very good at math". He rejected the idea that it risks higher prices for American consumers.

"Another theory calls for the tariffs to be so high, so terrible, so odious, that (manufacturers) come immediately," the Republican added.

According to Donald Trump, the US is in a disadvantageous economic situation, especially in relation to some of its closest allies such as the EU and Japan.

During the interview conducted by Bloomberg's editor-in-chief, the Republican candidate made several impersonations of other leaders, including Emmanuel Macron. Mimicking a French accent, he recounted a conversation he claimed to have had with the French president on the subject of customs tariffs - a scene he often recreates at his campaign rallies, AFP recalls.