WATCH: Trump says tariffs may cost Americans ‘something’ but keep U.S. safe

Spread the love

President Donald Trump said Thursday Americans should be thankful for his tariffs, which he said he has used to end wars that Americans would otherwise be fighting in.

Trump’s remarks followed Supreme Court Chief Justice John Roberts’ characterization of the tariffs as “taxes on Americans” during a high-profile hearing on Wednesday.

For months, the White House has insisted that foreign nations would bear the costs of the tariffs, which are taxes on imports. However, more recent data suggests Americans are paying for at least a portion of the tariffs.

Trump said Thursday that while U.S. consumers may be paying part of the costs, the tariffs are keeping Americans from fighting in foreign wars.

“I think they might be paying something, but when you take the overall impact, Americans are gaining tremendously,” Trump said during an Oval Office meeting. “They’re gaining through national security – I’m ending war because of these tariffs, Americans would have to fight in some of these wars.”

Trump has helped broker peace deals between eight groups, most recently Israel and Hamas. The other seven conflicts Trump frequently cites are Israel and Iran, Pakistan and India, Rwanda and the Democratic Republic of Congo, Thailand and Cambodia, Armenia and Azerbaijan, Egypt and Ethiopia, and Serbia and Kosovo.

Trump also said his tariffs are helping Americans get respect.

“They’re gaining in self-respect for our own country,” Trump said. “Other countries used to laugh at us.”

Exit polls from Tuesday’s elections showed voters were focused on pocketbook issues, including prices at the grocery store. While gas prices have fallen since Trump took office, others have increased significantly, including coffee (up 18.9%) and ground beef (up 12.9%). Those exit polls also track with pre-election polling from The Center Square, which found prices were top of mind for voters. Democrats won most of the key races on Tuesday, frustrating Republicans ahead of the 2026 midterms.

Trump also said his tariffs were helping to keep the U.S. financially afloat.

“This is national security. And, by the way, [not] going bankrupt is national security,” the president said. “Our country was really in trouble. The difference between going bankrupt and thriving, that’s also national security. When you go bankrupt, when you don’t have any money, you have no national security.”

That contradicts arguments made by Trump’s Solicitor General, D. John Sauer, before the Supreme Court on Wednesday. During that hearing, Sauer said the tariffs were regulatory in nature and not intended to raise revenue.

The U.S. debt stands at about $38 trillion, according to the U.S. Department of Treasury.

On Wednesday, Supreme Court justices sharply questioned attorneys on both sides of a case challenging Trump’s tariff authority.

Twelve states, five small businesses and two Illinois-based toymakers have challenged Trump’s authority to impose tariffs under a 1977 law without Congressional approval. That law, the International Emergency Economic Powers Act, doesn’t mention the word “tariff” and has never been used to impose tariffs. Trump’s legal team argues that the law is a clear delegation of emergency power, granting the president broad authority to act in times of crisis.

The Supreme Court is expected to decide the case before the end of June, if not sooner.

Trump has said he wants to use tariffs to restore manufacturing jobs lost to lower-wage countries in decades past, shift the tax burden away from U.S. families and pay down the national debt. Economists, businesses and some public companies have warned that tariffs will raise prices on a wide range of consumer products.

A Congressional Budget Office report from August estimated tariffs could bring in $4 trillion over the next decade. That CBO report came with caveats and noted that tariffs will raise consumer prices and reduce the purchasing power of U.S. families.

Events

No events

Leave a Comment





Latest News Stories

Lawmakers call for changes to cashless bail as Illinois faces federal funding loss

Lawmakers call for changes to cashless bail as Illinois faces federal funding loss

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Statehouse Republicans are calling for reform of the Pretrial Fairness Act as Illinois faces the potential loss...

WATCH: House committee debates D.C. crime after Trump emergency order

By Sarah Roderick-FitchThe Center Square For the first time since President Donald Trump declared a crime emergency in Washington, D.C., district leaders squared off with congressional lawmakers regarding the government’s...
Illinois quick hits: Unemployment down; Rivian supplier gets tax incentives

Illinois quick hits: Unemployment down; Rivian supplier gets tax incentives

By The Center SquareThe Center Square Unemployment down The unemployment rate in Illinois has dropped to its lowest point since July 2023. The Illinois Department of Employment Security announced the...
Pritzker’s office ‘extremely troubled’ by photo with suspect ‘peacekeeper’

Pritzker’s office ‘extremely troubled’ by photo with suspect ‘peacekeeper’

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – Officials from the governor’s office say they were “extremely troubled” to learn that a man that Gov....
Democrats' CR could cost up to $1.4 trillion, add millions to Obamacare plans

Democrats’ CR could cost up to $1.4 trillion, add millions to Obamacare plans

By Thérèse BoudreauxThe Center Square Democrats’ plan to prevent a government shutdown could cost the federal government up to $1.4 trillion and subsidize millions of new Obamacare recipients over the...
Treasury goes after fentanyl-producing Sinaloa Cartel faction

Treasury goes after fentanyl-producing Sinaloa Cartel faction

By Brett RowlandThe Center Square The Treasury's Office of Foreign Assets Control designated Sinaloa Cartel faction Los Mayos, along with the leader of the faction's armed wing on Thursday. The...
Pritzker touts quantum future, state senator urges caution for taxpayers

Pritzker touts quantum future, state senator urges caution for taxpayers

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Gov. J.B. Pritzker is touting Illinois as a destination for quantum computing companies, but a state senator...
Supreme Court sets oral arguments in tariff case

Supreme Court sets oral arguments in tariff case

By Brett RowlandThe Center Square The Supreme Court said Thursday it will hear arguments Nov. 5. in a case critical to a wide swath of President Donald Trump's economic agenda....
Dems release funding counterproposal full of partisan policy riders

Dems release funding counterproposal full of partisan policy riders

By Thérèse BoudreauxThe Center Square As the government shutdown deadline looms, Democrats are splitting sharply with Republicans over what kind of funding stopgap Congress should approve. While Republicans have introduced...
WATCH: Pritzker on Kimmel suspension; SNAP error rate alarms; hemp regulations loom

WATCH: Pritzker on Kimmel suspension; SNAP error rate alarms; hemp regulations loom

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – In today's edition of Illinois in Focus Daily, The Center Square Editor Greg Bishop shares Illinois Gov....
Temporary Rockford Courthouse fence sparks debate over security and costs

Temporary Rockford Courthouse fence sparks debate over security and costs

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – A temporary fence surrounding the federal courthouse in downtown Rockford, Illinois is drawing sharp criticism and...
Illinois quick hits: Report: Suspect pictured with Pritzker; more immigration arrests

Illinois quick hits: Report: Suspect pictured with Pritzker; more immigration arrests

By Jim Talamonti | The Center SquareThe Center Square Report: Suspect pictured with Pritzker Less than a week before a smash-and-grab burglary led to a fatal wreck on Chicago’s Magnificent...
Illinois quick hits: Suspect in custody after state senator's home struck with gunfire

Illinois quick hits: Suspect in custody after state senator’s home struck with gunfire

By Jim Talamonti | The Center SquareThe Center Square Suspect in custody after state senator's home struck with gunfire A suspect is in custody after two homes were damaged by...

WATCH: Governor candidate: Low-cost districts shine while most IL schools spend, fail

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – According to a Republican candidate for Illinois governor, schools in the state can succeed without spending big....

WATCH: Pritzker threatens executive action regulating hemp if legislature won’t act

By Greg Bishop | The Center SquareThe Center Square (The Center Square) − After previous attempts were unsuccessful, Illinois Gov. J.B. Pritzker says he may take executive action to address...