President Trump is introducing high tariffs, asserting that they will create U.S. jobs and promote economic growth. He criticized former presidents for their lack of tariff implementation, labeling them 'stupid.' Instead of negotiating, Trump prefers sending official letters detailing tariff rates, a method he claims is more effective. This strategy includes significant tariffs of up to 25% on countries such as Japan and South Korea, with the hope of negotiating before these tariffs take effect.
President Trump believes that tariffs will lead to stronger growth in the U.S. and create factory jobs, contrary to predictions of inflation and economic slowdown.
Trump stated that prior presidents who did not enforce tariffs aggressively were 'stupid' and described negotiating trade deals as 'too time-consuming'.
Instead of openly displaying the tariff rates, Trump opted to send letters with random capitals and punctuation, claiming that it's a more powerful way to communicate.
The U.S. plans to impose 25% tariffs on major trading partners like Japan and South Korea, hoping to negotiate before the rates are charged.
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