Archive · 16 Jan 2026
Trump credits tariffs for economic success
Donald Trump, the US President, said that his tariff policy has made the country's economy very strong.
He claimed that tariffs have brought in hundreds of billions of dollars and that there is almost no inflation.
He also said that America is respected again and that the auto sector has improved because of a 25% tariff on foreign cars.
He made these remarks in Detroit, Michigan, after visiting a Ford factory.
Trump credits tariffs for generating hundreds of billions of dollars in revenue.
He claims there is virtually no inflation due to his administration's policies.
Trump asserted that America is respected again under his administration.
He imposed a 25% tariff on all foreign automobiles, transforming the domestic auto sector.
The remarks were made at the Detroit Economic Club after touring Ford's River Rouge Complex.
- Who
- Donald Trump
- What
- Claimed tariffs have generated significant revenue with minimal inflation
- When
- Thursday (local time)
- Where
- Detroit, Michigan
- Why
- To report on economic performance and tariff policy
- Person
- Donald Trump
- Claim
- Tariffs have generated hundreds of billions of dollars with virtually no inflation
- Tariff Rate
- 25% on all foreign automobiles
- Location
- Detroit, Michigan
- Event
- Speech at Detroit Economic Club