In a recent appearance at the Economic Club of Chicago, former President Donald Trump ignited cheers from the audience when he decisively refuted Bloomberg’s editor-in-chief, John Micklethwait, during a heated discussion on tariffs. Trump’s strong stance on trade and his defense of tariffs, which have been a cornerstone of his economic policy, set the tone for the exchange, capturing the crowd’s approval and reaffirming his position on protecting American jobs.
The exchange began when Micklethwait raised concerns about Trump’s proposed tariffs, suggesting they could harm the U.S. economy. “You’re also talking about 10, 20 percent tariffs on the rest of the world. That is going to have a serious effect on the overall economy,” Micklethwait argued. He acknowledged that some industries may benefit from the tariffs, but warned, “The overall effect could be massive when it comes to the economy.”
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Trump, never one to shy away from defending his policies, delivered a sharp and confident response. “I agree. I agree. It’s gonna have a massive effect. Positive effect,” he retorted. This quick comeback set the stage for a lively back-and-forth between the two, with Trump seizing the opportunity to highlight what he sees as the success of his tariff strategy in keeping jobs in the U.S.
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