Trump says tariffs won’t hurt US economy, claims levies will bring ‘hundreds of billions of dollars’ in in
- Posted on July 28, 2026
- By Business News Today
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- 1 min read
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Trump says tariffs won’t hurt US economy, claims levies will bring ‘hundreds of billions of dollars’ in in
President Donald Trump defended his tariff strategy, asserting it attracts hundreds of billions in investments. He stated these tariffs replaced a blocked route after a Supreme Court ruling against him. Trump claimed tariffs have benefited the US economy and encouraged domestic company investments. He also cited General Motors and chip plant investments as tariff successes. Toyota's move from Mexico to the United States was also presented as a tariff-induced win.
