Quotes
I will immediately begin the overhaul of our trade system to protect American workers and families. Instead of taxing our citizens to enrich other countries, we will tariff and tax foreign countries to enrich our citizens. For this purpose, we are establishing the External Revenue Service to collect all tariffs, duties, and revenues. It will be massive amounts of money pouring into our Treasury, coming from foreign sources."
President Trump, during his inauguration speech, said
It's an interesting term right—the External Revenue Service? We're going to take in a lot of money from the outside and that's going to keep our taxes low, and I think getting a lot lower. It's going to be a lot of money. The external will take care of the internal to a large extent."
During Monday's cabinet meeting, Trump saidVenezuela has been very hostile to the United States and the freedoms we espouse,
Trump stated on Truth Social
The US government intends to use tariffs as a way of incentivising other countries to do things that are helpful to the US; things like curtail immigrants or drugs travelling across the border, or to shift manufacturing jobs to America. President Donald Trump has described the word ‘tariffs’ as ‘the most beautiful word in the dictionary,’ so it’s clear he likes the idea of using tariffs.”
Conor English has written
I may give a lot of countries breaks, but it's reciprocal,
Trump told reporters at the White House Monday afternoon
Although the final reciprocal tariff plan for April 2nd has yet to be unveiled by president Trump, every member of the Trump administration is aligned on finally levelling the playing field for American industries and workers.”
Kush Desai, a White House spokesperson, said
Surely ... he knows how well he slept the moment he opens his eyes?”
he reasonsWe need a lot of these things that we sort of don't make anymore and yet, we're equipped to do it all,
he said
We will be announcing (a tariff on) cars very shortly, and we already announced steel, as you know, and aluminum. We will be announcing pharmaceuticals at some point in the not-too-distant (future) because we have to have pharmaceuticals,
he saidApril 2 will be a big day, that'll be reciprocal day, and we'll be bringing some of the money back that's been taken from us,
Trump said
We may take less than what they’re charging, because they’ve charged us so much, I don’t think they could take it. In other words, they’ve charged us so much that I’m embarrassed to charge them what they’ve charged us,
Trump said
Obviously POTUS has talked a lot about sectoral tariffs, but we may have sectoral tariffs on April 2 and we may not,
the White House official saidWe'll be announcing some additional tariffs over the next few days, having to do with automobiles, cars, and having also to do a little bit with lumber down the road, lumber and chips,
he said at another event in the White House later Monday
We've been ripped off by every country in the world,
Trump said in the meetingWe'll be announcing cars very shortly,
Trump said at a Cabinet meetingSo we'll be announcing some of these things in the very near future, not the long future, the very near future,
Trump saidWe did something with Venezuela, which is long in the making,
he saidIt’s a liberation day for our country, because we’re going to be getting back a lot of the wealth that we so foolishly gave up to other countries,
Mr. Trump said last week
The administration’s work on reciprocity should result in the removal, not the creation, of barriers to trade,
the Consumer Technology Association, which represents technology companies, said in its letter to trade representativeThe volume of cheap, possibly contaminated shrimp has put the domestic shrimp industry in a downward spiral,
George Barisich, a 69-year-old shrimper from Louisiana, wrote in a letter