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US President Trump: Will impose tariffs on products not made in the US

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US President Trump: Will impose tariffs on products not made in the US

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New update 2025.03.05 12:01
US President Trump: Will impose tariffs on products not made in the US

update 2025.03.05 12:01

US President Donald Trump is addressing a joint session of Congress at the Capitol Building, in Washington DC, on Wednesday.

It's his first Congressional address after returning to power.

Key quotes

To my fellow citizens, America is back.

Our country is on the verge of a comeback the likes of which the world has never witnessed, and perhaps will never witness again.

Reiterate call to drill more oil in the US.

Federal spending reductions will aid in reducing debt.

Will balance the federal budget.

Urge to lower mortgage rates.

Urge Congress to pass tax cut.

Urge Congress to implement tax reductions.

To seek permanent income tax cuts across the board.

Reiterate call for no tax on gratuities and social security.

Any bureaucrat that resist our change will be removed.

Want to make interest payments on car loans tax deductible, only if cars are made in us.

He talked to the top three automakers on Tuesday.

To impose tariffs on products not made in the US.

Market reaction


Date

Created

 : 2025.03.05

Update

Last updated

 : 2025.03.05

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