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

Illinois quick hits: Education tax benefits available; Giannoulias orders license plate reader to shut off access to CBP

Illinois quick hits: Education tax benefits available; Giannoulias orders license plate reader to shut off access to CBP

By Jim Talamonti | The Center SquareThe Center Square Education tax benefits available As students across Illinois return to the classroom, Gov. J.B. Pritzker and the Illinois Department of Revenue...
WATCH: Trump order withholds funds over no-cash bail policies like Illinois'

WATCH: Trump order withholds funds over no-cash bail policies like Illinois’

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – Taxpayer resources should not be used to support jurisdictions with cashless bail policies, according to a new...
Trump eyes First Amendment showdown with order to prosecute flag burning

Trump eyes First Amendment showdown with order to prosecute flag burning

By Brett RowlandThe Center Square President Donald Trump signed an executive order Monday requiring federal prosecutors to investigate and prosecute people for burning the American flag, a practice the U.S....
Trump strikes positive tone with South Korean president

Trump strikes positive tone with South Korean president

By Morgan SweeneyThe Center Square Onlookers braced for another tense, confrontational meeting in the Oval Office between President Donald Trump and another world leader when, Monday morning, Trump posted to...
House Oversight Committee to investigate D.C. police over crime data

House Oversight Committee to investigate D.C. police over crime data

By Sarah Roderick-FitchThe Center Square In response to allegations that Washington, D.C.’s Metropolitan Police Department manipulated its crime data, the U.S. House Committee on Oversight and Government Reform is launching...
Twenty years later, Katrina still among Atlantic’s most deadly, costly

Twenty years later, Katrina still among Atlantic’s most deadly, costly

By Alan WootenThe Center Square Twenty years ago this Friday, Hurricane Katrina – once a Category 5 beast – made landfall as a Category 3 first in southeastern Louisiana and...
CBO says tariffs could raise $4 trillion over next decade, raise prices

CBO says tariffs could raise $4 trillion over next decade, raise prices

By Brett RowlandThe Center Square The Congressional Budget Office's estimated that President Donald Trump's tariffs could bring in $4 trillion over the next decade, but will raise consumer prices and...
IL Treasurer to work with lawmakers after Pritzker's veto of nonprofit bill

IL Treasurer to work with lawmakers after Pritzker’s veto of nonprofit bill

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Illinois Treasurer Michael Frerichs is promising to discuss next steps with lawmakers after Gov. J.B. Pritzker vetoed...
WATCH: Chicago reacts to Trump’s public safety push; AI in schools; rural health care

WATCH: Chicago reacts to Trump’s public safety push; AI in schools; rural health care

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 delves into the...
Illinois expands campus abortion access, shields doctors from legal risk

Illinois expands campus abortion access, shields doctors from legal risk

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – Gov. J.B. Pritzker signed new laws expanding abortion access on public college campuses while vowing to...
Illinois quick hits: Human trafficking enforcement; health care fraud division announced

Illinois quick hits: Human trafficking enforcement; health care fraud division announced

By Jim Talamonti | The Center SquareThe Center Square Human trafficking enforcement Illinois State Police arrested five individuals during a human trafficking demand suppression operation in the Forsyth area of...
Trump plans to clean up Democrat-run cities over local objections

Trump plans to clean up Democrat-run cities over local objections

By Brett Rowland | The Center SquareThe Center Square (The Center Square) – President Donald Trump plans to clean up major U.S. cities that he says are plagued by crime....
Energy advocate applauds oil and gas commingling updates

Energy advocate applauds oil and gas commingling updates

By Tate MillerThe Center Square Oil and gas commingling rules have been updated in accordance with the Big Beautiful Bill in order to strengthen energy production and safety, with energy...
Texas legislature passes redistricting map, governor to sign into law

Texas legislature passes redistricting map, governor to sign into law

By Bethany BlankleyThe Center Square )The Center Squar) – The Texas Senate passed HB 4, the state’s congressional redistricting plan, which changes nearly all districts and could flip up to...
Dow hits record high after Fed Chair hints at September rate cuts

Dow hits record high after Fed Chair hints at September rate cuts

By Morgan SweeneyThe Center Square The Dow Jones Industrial Average clinched a record high Friday for the first time this year hours after Federal Reserve Chair Jerome Powell hinted that...