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

Former US President Donald Trump defended his implementation of tariffs, emphasizing their role in addressing trade deficits with countries like China and the European Union. He described tariffs as a “beautiful thing” that would benefit the US economy in the long run. However, these actions have sparked global trade tensions and economic debates, with concerns raised about potential consequences such as higher consumer prices and strained international relations.

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