Donald Trump has warned that the tariffs will cause the largest trading partners in the United States “a little fault” because he swors out to promote his sharply split domestic agenda in a combative speech before the congress.
In the first major political speech of his second term, the President doubled his decision to impose 25 percent tariffs on Canada and Mexico, and a further delivery of 10 percent for China.
“Tariff It’s about making America rich again and making America great again, ”he said. “It happens and it will happen pretty quickly.”
Trump’s speech takes place in the middle of the increasing evidence that Companies and consumers Are concerned about the effects of tariffs that are likely to interfere with the supply chains and send the costs of some goods higher.
The Wall Street shares have all wiped out of their junior wastes, since the hope that Trump’s politics has turned the world’s strongest economy to the world’s largest economy.
“There will be a little fault, but we agree with that,” he said.
Trump card In addition, so -called “mutual” tariffs for goods consisted of a variety of countries on April 2.
The more than 90 minutes US trade and foreign policy and puts on comprehensive changes in the government.
Trump explained to the republicans to rough applause: “America’s momentum is back. Our spirit is back. Our pride is back, our self -confidence is back. And the American dream increases larger and better than ever. “
Trump used talk to underline his muscular approach to foreign policy, and insisted that he would like to adopt Greenland, the Arctic island, which is part of Denmark and which he repeatedly said, “in one way or another”.
However, he wrote and found a more conciliatory note about Ukraine Peace agreement With Russia and sign a pact to the US access to its critical minerals.
Just a few days after a meeting of the White House with Zelenskyy, Trump’s comments marked a dramatic tone shift in sharpness and threatened to derail talks about a settlement with Russia and trigger alarm in the European capitals.
The US President said Zelenskyy undertaken to get to the “negotiating table” as soon as possible in order to bring “permanent peace closer”. He added that the Ukraine leader was ready to work under Trump’s “strong leadership” and would sign this Minerals deal At a time that was “comfortable” for the USA.
“I appreciate that he sent this letter (I) just got it some time ago,” said Trump. “At the same time, we had serious discussions with Russia and received strong signals that they are ready for peace. Wouldn’t that be nice? “
The deeply party -political speech to the congress mainly focused on Trump’s domestic priorities, including the expenditure of the billionaire Elon Musk and the president’s approach.
Trump assessed Musk and his team to reduce the government costs and reduction of grants and loans to maintain programs from foreign help to medical research.
“Thank you, Elon. He works very hard. He didn’t need that. We appreciate it, ”said Trump, adding that his administration would“ recapture the power of this inexplicable bureaucracy ”.
Trump also promised to compensate for the federal budget while insisting that he would advance planned tax cuts.
He started several attacks on Joe Biden, his predecessor, who made him responsible for the increase in egg prices this year, which was driven by bird flu infections.
Trump also described Bidens Chips Act, which financed $ 39 billion in subsidies and tax breaks in order to promote chip production in the USA as a “terrible thing”.
He said that the Taiwan Semiconductor Manufacturing Company approved this week to invest a further $ 100 billion in the production facilities in the USA in order not to be the goal of tariffs in a deal that he said that he needed no financial incentives from Washington.
In a quip to Mike Johnson, the Republican spokesman for the house who was sitting behind him, Trump said: “You should get rid of the chips act and everything left, Mr. speaker, you should use you to reduce the debt or another reason why you want.”
Trump’s speech was interrupted early by Heckles by Democrats in the Chamber. “You have no mandate to shorten medicaid,” repeatedly called the Texas Democrat Al Green and referred to a health insurance program for households with low income.
Grün was then removed from the chamber. Trump later joked that “it can be absolutely nothing to make (Democrats) happy”.
Additional reporting by Joe Miller, Alex Rogers, Demetri Sevastopulo and Stefania Palma in Washington
