US President Donald Trump has criticised the US Supreme Court’s decision to block his global tariffs, calling it a “very unfortunate ruling".
Addressing supporters, Trump said new tariffs could be “far worse" but would ease the financial burden on Americans.
The US President said the Dow and S&P were rallying because of tariffs. He claimed that countries which were “ripping us so badly" are now paying tariffs and are happy with the deals made.
“Countries that were ripping us so badly are now paying tariffs. And they are happy, we are happy. Democrats may not agree but they know. Supreme Court ruling is unfortunate. But good news is all countries who have made the deal want to keep the deal they made on tariffs," he said.
The US Supreme Court last week blocked his global tariffs. Trump further also warned that new tariffs could be harsher.
Trump said foreign countries would pay income tax, which would reduce the financial burden on Americans.
Trump also highlighted a $6.25 billion pledge by Michael Dell and Susan Dell, calling them “great people". He said the donation, along with Trump Accounts, would help children build wealth.
Trump also criticised Democrats over immigration and prices.
“There were murders, they allowed murderers to come inside our country. Their policies created high prices, our policies are rapidly ending them. Price of eggs is down by 60%, hotels, rent, automobiles, even beef which was significantly high is coming down. Energy prices are going down, it’s like another big tax cut," he said.
He added, “I put America first, I love America. Under Biden and his corrupt partners it reached a breaking point."
