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.