Trump Foresees ‘A Little Disturbance’ as He Vows to Expand Trade War in Speech to Congress
variety.comGene Maddaus Senior Media Writer President Trump told Congress Tuesday he expects “a little disturbance” as he broadens his trade war, less than a day after imposing 25% tariffs on goods from Canada and Mexico.
The president vowed to impose “reciprocal tariffs” on countries around the globe starting on April 2. “Whatever they tariff us, we tariff them,” he said. “Tariffs are about making America rich again and making America great again.
And it’s happening, and it will happen rather quickly. There’ll be a little disturbance, but we’re okay with that. It won’t be much.” Trump also added 10% to tariffs on goods from China, on top of the 10% tariff imposed last month.
The speech came after the stock market declined on Tuesday, rolling back all the gains made in the S&P 500 since the November election.
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