Critics slammed Donald Trump’s latest admission of the negative impact his tariffs will have on the American economy and U.S. citizens, with Rep. Jimmy Gomez (D-Calif.) describing it on social media as the president’s own “’let them eat cake’ moment.”
Trump, during his speech to a joint session of Congress on Tuesday, said the tariffs are “about making America rich again and making America great again.”
“It’s happening and it will happen rather quickly,” he boasted.
But Trump then confessed: “There will be a little disturbance, but we’re OK with that. It won’t be much.”
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Trump campaigned on introducing tariffs but promised they wouldn’t lead to rising prices, contrary to what multiple leading economists had warned.
Last month, though, he confessed they may cause “short-term a little pain” but said they would be worth it.
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