"People who are against tariffs are fools! We are now the richest country" and respected by the world, with almost no inflation and a record-high stock market price,” Trump wrote on his Social Truth platform. According to the president, 401(k) pension plans “are at an all-time high,” debt payments will soon begin thanks to tax revenue, and there is “record investment in the U.S., with plants and factories popping up everywhere.” “A dividend of at least $2,000 per person (excluding high-income earners!) will be paid to everyone,” the Republican added. Trump defended his trade policy a few days after the U.S. Supreme Court expressed skepticism about the legality of the tariffs he has imposed on virtually every territory in the world. The high court analyzed whether an emergency economic powers law is sufficient for the president to impose these tariffs on other countries without needing congressional approval, as argued by the law. The US administration, or if it needs the backing of the legislature, which the Constitution grants the power, outside of this law, to decide on taxes.

“The US president has permission (and the full approval of Congress!) to stop all trade with a foreign country (which is far more onerous than a tariff!), and to license a foreign country, but he does not have permission to impose a simple tariff on a foreign country, not even for reasons of national security. That is NOT what our great founders had in mind! This is all ridiculous!” he denounced in another message.

The president insisted that companies are coming “en masse” to the country thanks to the tariffs.

“Has the US Supreme Court not been informed?"The U.S.? What the hell is going on?" he asked. EFE