Donald Trump's most consistent trade policy did not arise in the Oval Office – it had been brewing for years.
A newly surfaced video from 2011 sheds light on the president's trade approach with China.
Subsequently, a private individual, Trump, against President Obama's trade policy, with a more extreme version of the economic offensive that he would eventually unleash as a chairman of two deadlines.
“It's so easy,” he says, leaning in the microphone. “I would drop a 25 percent tax on China.”
A decade after the video, Trump snowed the hypothetical in an aggressive rate of 10 percent.
A rate is a tax on imported or exported goods, whereby companies pay the extra costs every time the goods enter the levy. These costs are often passed on to consumers.
The audience cheered when he explained the idea.
“The messenger is important,” he said. “I could say:” Listen, you m **********, we are going to tax you 25 percent. “
Ungeede Video or Donald Trump shows the then-private citizen who tested his rate policy
During his time in the White House, Trump consistently stated his ten -year -old demand.
In January 2018, during his first term, Trump launched a rate of 30 percent on solar panels imported from China.
China launched retaliation taxes on specific American imports worth around $ 3 billion.
Trump and China continued a Tit-for-Tat Tax War during his first presidency. President Biden maintained a lot of rates and added export controls to dozens of American technical products.
When Trump returned to the White House in January 2025, he immediately launched a new rate of 10 percent on all goods that came in from China.
“Will there be some pain? Yes, maybe (and maybe not!) 'Trump wrote after signing the executive order with the rate on his social media platform.
“But we will make America great again, and it will all be worth the price that must be paid.”
Trump also brought new rates for all imports of steel and aluminum on the American market.
Items sent from China now come across a rate of 10 percent in American ports
Donald Trump has argued for the broad use of rates in the US economy
His tariff kick is not over yet.
Trump looks at a comprehensive rate approach and lifts 10 to 20 percent taxes on almost all input. The White House believes that taxes will bring in cash and help with the compensation of tax cuts planned by Republicans.
“Very simple, they charge us, we'll charge them,” Trump said on Sunday. 'Rates will help. Rates will make it very successful. '
But the worries are starting to rise the Republican party about the impact of the consumer of the new taxes.
“I heard figures of almost $ 1 trillion of income or replacing income tax,” said Wisconsin's Republican senator, Ron Johnson, last week. “I just don't see it.”
The editorial board of Wall Street Journal called Trump's rate the “Domstest Trade War in History.”
Trump won re -election against the background of rising prices. In the summer of 2022, inflation peaked by more than 9 percent and economic concerns dominated the 2024 elections.
But despite the worries that the executive orders could further increase consumer prices, Trump and his team continue to fight for the policy he has explained for more than ten years.
