‘Very beautiful thing’: Donald Trump praises tariffs as markets shudder ...0

President Donald Trump praised tariffs as crucial for addressing the U.S.'s financial deficits with China and the EU, despite the economic debates they spark. He particularly highlighted the increase to a 54% tariff on Chinese imports and a 25% tariff on imported automobiles, prompting retaliatory measures from affected countries and legal scrutiny over the executive power used.

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