US President Donald Trump, during an address to Congress, stated that the threat of imposing trade tariffs is an indispensable tool in resolving international conflicts.
Operative Information Center-OMM, citing CNBC, reports that the head of the White House emphasized how these measures strengthen the economic and political positions of the United States.
During his speech, US President Donald Trump described a recent Supreme Court decision, which deemed certain tariffs illegal, as "unfortunate." Despite this, he pledged to continue protectionist policies that he claims save the country and preserve peace.
“Foreign nations and corporations are interested in maintaining existing deals. They fear that new agreements will come with even tougher conditions. Tariffs will remain in effect based on alternative legal norms, without the need for Congressional approval,” the US President added.
The use of tariffs has been a cornerstone of US President Donald Trump's economic strategy, aimed at reducing trade deficits and encouraging domestic manufacturing. Historically, such protectionist measures are designed to shield a country's industries from foreign competition by taxing imported goods, thereby making them more expensive for domestic consumers. This approach often serves as a primary leverage point in bilateral negotiations, forcing international partners to reconsider trade terms and geopolitical alignments in favor of American interests.