&imwidth=800&imheight=600&format=webp&quality=medium "Tariffs have made 'US wealthy and powerful': Trump lauds his strategy")
US President Donald Trump lauds his tariff strategy. Ever since he assumed office for the second term, he has been headstrong about a few new policies, and one among them is the tariff. The current US administration believes that if anybody wants to trade with their country, they have to pay the tariff levied on them, which, of course, is different based on what Trump deems fit. And now, in his latest comment, he said tariffs have made America’s “stock market stronger than ever.”
He added, “The United States is wealthy, powerful, and nationally secure again, all because of tariffs! The most important case ever is in the United States Supreme Court. God bless America!!!”
Trump tariff on China: Ever-changing
Trump has been changing norms on tariffs and China has been on the yo-yo effect list. On October 17, the US President said that the 100 per cent proposed tariff on Chinese goods entering the American market was not a permanent decision. He said that it was a measure he had to resort to to pressure Beijing ahead of his meeting with his Chinese counterpart, Xi Jinping. “A 100% tariff is not sustainable; they (China) forced me to do that,” Trump told Fox Business Network in an interview.
It was on October 10 that Trump announced a 100 per cent tariff on China and said it would be effective from November 1. And now, the 79-year-old said it was only to pressure China. In his social media post, Trump wrote, “Given China’s unprecedented stance, the United States will impose a 100 per cent tariff on China, in addition to any tariffs currently in place.”
Rare earth elements' export
Trending Stories
&im=FitAndFill=(700,400))
National Handloom Day 2026: From Alia Bhatt to Samantha Ruth Prabhu; Actresses who celebrated India's textile heritage as brides
)
The Royals enter the Doctor Who universe: King Charles and Queen Camilla beam into Commonwealth Games in TARDIS
)
Unitree Robotics targets $9 billion valuation in landmark IPO backed by DeepSeek and Tencent
)
India names 27 sites in Arunachal Pradesh
)
Bharat Bhhagya Viddhaata OTT: When will Kangana Ranaut's film stream online?
&im=FitAndFill=(700,400))
How many soldiers operate one S-400 battery?
)
Shakib Al Hasan ready to return to Bangladesh—under one condition
)
‘Fake news’: MEA rejects report claiming India sought defence pact with Israel after Pakistan, Saudi Arabia, Turkey deal
)
Rockstar to unveil GTA 6 extended look ahead of November launch
)
Russia forms Ukrainian Volunteer Spetsnaz Brigade to fight Ukraine
)
Drug-resistant fungus that hides in hair and enters bloodstream reported in 23 US states
)
Technology transfer deal boosts India's defence manufacturing ambitions
)
Border row erupts in Europe after Ceuta crossings, Spain imposes border controls on Italy
)
Morale plummets on USS Abraham Lincoln: Are US sailors reaching a breaking point? | GRAVITAS
)
'Security can't be bought with Pakistan, Turkey deal': Iran tells Saudi Arabia
)
Baba Vanga's 2026 prophecy: 2 predictions 'already came true', 3 terrifying ones remain. Details inside
)
Colombia’s new president Abelardo de la Espriella vows to ‘defeat narco-terrorists’, signals hardline shift
&im=FitAndFill=(700,400))
New Friday OTT releases (August 7, 2026): Operation Safed Sagar, Vadhandhi, Main Vaapis Aaunga- 6 movies and TV shows on Netflix, Prime Video and more
)
Squadron Leader Bhawana Kanth scripts history as Indian Air Force gets its first woman ‘Top Gun’ pilot
)
RSS says Gen Z protests reflect genuine distress
)
Trump says Iranian school bombing photos could be AI-generated - 'I don’t think...'
)
IAF officer held for sharing sensitive information in 'honey trap' case, booked under Official Secrets Act
)
Stray Kids under scrutiny? Fans react to Grammy submission silence after BTS boycott
&im=FitAndFill=(700,400))
Why the Su-30MKI doesn't need external fuel tanks to fly vast distances
)
Jugal Hansraj reunites with Shekhar Kapur after 40 years for Masoom: The Next Generation
)
New speed limits, automatic challans: Big traffic change coming to Delhi-Meerut Expressway. All you need to know
)
India officially names 27 places in Arunachal to counter China's renaming claims
)
Trump calls White House ballroom ruling a 'national disgrace' as court says Congress approval needed
)
US sanctions Iran’s crypto network after Strait of Hormuz attacks, offers $15m bounty for intel on IRGC finance
&im=FitAndFill=(700,400))
Why the Su-30MKI is one of the heaviest fighters ever built
)
Uttarakhand young innovator builds India's own flying vehicle, conducts first test flight: WATCH
)
Chilling video shows students take cover as teen opens fire at Thai school
)
Reese Witherspoon's father hospitalised after poolside incident in Nashville: Report
In his earlier post, Trump also said that he may not meet with Chinese President Xi Jinping amid the Asian country tightening its rules on rare earth elements' export. After Trump's post, the financial markets saw huge drop with S&P 500 going down roughly 1.2 per cent in late morning trade. The US president also accused China of 'becoming very hostile' ahead of their scheduled meet in two weeks' time in South Korea.
Days later, he now claims the stock market is going strong.
