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Trump Admits Some Tariffs Are Paid by U.S. Consumers for the First Time, or May Launch 'Plan B' in Response to Supreme Court Ruling
BlockBeats News, November 7th. On Thursday, Trump reversed course
for the first time, admitting that the costs of his imposed tariffs may
be partially borne by American consumers, marking a major shift from his long-standing foreign pay
narrative. This statement comes at a crucial moment as the Supreme Court of the United States questions the legality of his tariff powers.
Trump warned that a negative ruling
by the Supreme Court would be a catastrophic blow
, stating that the U.S. government must be prepared with a Plan B
. Despite the shift in position, he still insists that the tariff policy overall has brought tremendous benefits to the United States and is a key tool in resolving international trade conflicts. (FXStreet)
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