President Trump recently stated that tariffs can be an effective tool in preventing wars, citing past instances where he claims to have prevented conflict by threatening to impose 100% tariffs on aggressive nations.
In a recent interview, Trump shared an anecdote where he told a country that if they went to war, he would impose a 100% tariff on all their business dealings.
“A tariff is a beautiful thing, but it’s got a bad image.I had cases where I told a country they were being very aggressive with another country.It had nothing to do with us, I just don’t like seeing dead people.I said, ‘If you go to war, I’m putting 100% tariff on everything you do, any business you do.’I stopped a war.”
Trump emphasized his dislike of seeing violence and bloodshed, highlighting his preference for using economic leverage to maintain peace.
This approach is part of Trump’s “America First” agenda, which prioritizes US economic interests and national security.
It’s worth noting that Trump’s views on tariffs have been met with criticism and concern from economists and trade experts, who warn that tariffs can lead to trade wars and have negative consequences for the global economy.