By Katherine Tinsley
1:37am PDT, Apr 10, 2025
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Donald Trump recently doubled down on his use of excessive tariffs while attending the National Republican Congressional Committee's annual dinner on Tuesday, April 8.Keep reading for the details…
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In his speech, Donald Trump momentarily slipped up and called his economic plan a "war with the world.""And I do think that the war with the world, which is not a war at all because they're all coming here," he said. "They're all coming here. Japan is coming here as we speak. They're in a plane flying, lots of them, all tough negotiators."
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Donald Trump placed the highest tariffs on China — a major manufacturer for the U.S."Right now, China is paying a 104% tariff," he told the crowd. "Think of it – 104%. Now, it sounds ridiculous, but they charged us for many items — 100%, 125%."
"Many countries have," he continued. "They ripped us off left and right. But now it's our turn to do the ripping. That's ok. We're gonna make our country even stronger, stronger than it ever was."
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On Truth Social, Donald Trump attempted to reduce the anxieties surrounding consumerism."BE COOL! Everything is going to work out well. The USA will be bigger and better than ever before," he wrote.
"I'm proud to be the President for the workers, not the outsourcers; the President who stands up for Main Street, not Wall Street; who protects the middle class, not the political class; and who defends America, not trade cheaters all over the globe," he continued.
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Donald Trump launched his new reciprocal tariffs at the White House on April 2 — which he dubbed "Liberation Day.""Reciprocal. That means they do it to us, and we do it to them," the president said.
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Throughout his presidential campaign, Donald Trump shared his desire to bring manufacturing jobs back to the U.S."For decades, our country has been looted, pillaged, [assaulted] and plundered by nations near and far, both friend and foe alike," he said. "American steel workers, auto workers, farmers and skilled craftsmen — we have a lot of them here with us today — they really suffered gravely."