Trump Open to Tariff Cuts, But Sticks to Tough Trade; Claims $18T US Economy Boost

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News18•10-12-2025, 10:21
Trump Open to Tariff Cuts, But Sticks to Tough Trade; Claims $18T US Economy Boost
- •Trump is open to tariff cuts on selected imports like coffee and bananas, citing rising prices and voter frustration.
- •Despite potential cuts, Trump maintains his tough trade approach, suggesting other tariffs could increase to maintain leverage.
- •He claims his tariff policies have led to $18 trillion entering the US economy, growth in domestic chip production, and car companies returning.
- •Trump views tariffs as a central tool for economic and political influence, despite Supreme Court review of their constitutionality.
- •At a rally, Trump called "tariff" his favorite word, claiming it enriches farmers and brings "trillions" into the country.
Why It Matters: Future US trade policy and consumer prices hinge on Trump's tariff approach.
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