Tariffs and Trade - The administration implemented tariffs based on "common sense, deficits, past history, and raw numbers," with more expected [1][3] - The tariffs have resulted in "hundreds of billions of dollars" in revenue, which the administration believes will benefit the country [3][7][10] - The administration claims tariffs incentivize foreign companies to build plants in the US, creating jobs and tax revenue [8][10][11][12] - The administration asserts that tariffs have led to lower prices on imported goods and reduced inflation, contradicting critics [13][14][15][16][17] - The administration believes other countries took advantage of the US in the past due to "stupid people" or a lack of business understanding [19][20] Economic Policy and Performance - The administration considers its previous term financially successful, despite being "cut short" by COVID-19 [5][6] - The administration claims to have brought down costs, including groceries and energy, and criticizes opposing views as "lies" [14][15][16][17] - The administration believes inflation is "totally under control" but suggests the Federal Reserve should lower interest rates [18] International Relations - Brazil is mentioned as an example of a country that "has been not good to us," with a related announcement expected [2] - The administration is considering tariffs on other countries but expresses positive sentiments towards some leaders [7] - The administration is addressing deficits with countries and believes it's time someone took action [20] Other Issues - The administration is addressing the situation in Gaza and believes there is a chance for a settlement this week or next week [22][23][24] - The administration is reviewing the African Growth and Opportunity Act, considering tariff and non-tariff barriers in Africa [24][25][26] - The administration is investigating an incident targeting ICE officers, attributing it to "very stupid people in the left" with access to money and new weapons, and advocating for "very stiff" penalties [26][27][28][29]
We Should Have Lowered Interest Rates says Trump: Q&A
Bloomberg Televisionยท2025-07-09 18:15