In his first speech to Congress, US President Donald Trump acknowledged that there may be an “adjustment period” following the implementation of comprehensive tariff measures that will create a bit of a disruption.

While the economy may be at downside risk, Trump emphasized that the tariffs are designed to make the US rich and great again.

The US has been cheated by nearly every country in the last few decades, Trump added. Therefore, he will impose reciprocal tariffs on other countries, believing that his tariffs will be more effective at creating job opportunities in the US than the Joe Biden administration's policies.

Trump urged members of Congress to repeal the Chip Act, and said that he would no longer provide chip makers with funds from the act.
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AAStocks Financial News
Web Site: www.aastocks.com

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