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Trump Praises Tariffs, Boasts of Big Receipts as Supreme Court Test Looms

The remarks come ahead of a November Supreme Court review of his emergency tariff powers.

Overview

  • Speaking at Marine Corps Base Quantico, President Donald Trump called tariff his favorite word and said the policy is making the United States "rich as hell."
  • Trump claimed the U.S. has "taken in trillions of dollars" from the duties and cited a recent $31 billion figure as evidence of rising collections.
  • He acknowledged a pending Supreme Court case on the legality of his sweeping levies and warned it would be "very bad" if the decision goes against him.
  • Recent measures include duties reaching 50% on countries such as India and Brazil, with a reported 25% tranche tied to purchases of Russian oil.
  • A U.S. trade official signaled Washington would keep using tariffs even if some are ruled illegal, saying alternative legal paths remain available.