WATCH: Trump says tariffs may cost Americans ‘something’ but keep U.S. safe

Spread the love

President Donald Trump said Thursday Americans should be thankful for his tariffs, which he said he has used to end wars that Americans would otherwise be fighting in.

Trump’s remarks followed Supreme Court Chief Justice John Roberts’ characterization of the tariffs as “taxes on Americans” during a high-profile hearing on Wednesday.

For months, the White House has insisted that foreign nations would bear the costs of the tariffs, which are taxes on imports. However, more recent data suggests Americans are paying for at least a portion of the tariffs.

Trump said Thursday that while U.S. consumers may be paying part of the costs, the tariffs are keeping Americans from fighting in foreign wars.

“I think they might be paying something, but when you take the overall impact, Americans are gaining tremendously,” Trump said during an Oval Office meeting. “They’re gaining through national security – I’m ending war because of these tariffs, Americans would have to fight in some of these wars.”

Trump has helped broker peace deals between eight groups, most recently Israel and Hamas. The other seven conflicts Trump frequently cites are Israel and Iran, Pakistan and India, Rwanda and the Democratic Republic of Congo, Thailand and Cambodia, Armenia and Azerbaijan, Egypt and Ethiopia, and Serbia and Kosovo.

Trump also said his tariffs are helping Americans get respect.

“They’re gaining in self-respect for our own country,” Trump said. “Other countries used to laugh at us.”

Exit polls from Tuesday’s elections showed voters were focused on pocketbook issues, including prices at the grocery store. While gas prices have fallen since Trump took office, others have increased significantly, including coffee (up 18.9%) and ground beef (up 12.9%). Those exit polls also track with pre-election polling from The Center Square, which found prices were top of mind for voters. Democrats won most of the key races on Tuesday, frustrating Republicans ahead of the 2026 midterms.

Trump also said his tariffs were helping to keep the U.S. financially afloat.

“This is national security. And, by the way, [not] going bankrupt is national security,” the president said. “Our country was really in trouble. The difference between going bankrupt and thriving, that’s also national security. When you go bankrupt, when you don’t have any money, you have no national security.”

That contradicts arguments made by Trump’s Solicitor General, D. John Sauer, before the Supreme Court on Wednesday. During that hearing, Sauer said the tariffs were regulatory in nature and not intended to raise revenue.

The U.S. debt stands at about $38 trillion, according to the U.S. Department of Treasury.

On Wednesday, Supreme Court justices sharply questioned attorneys on both sides of a case challenging Trump’s tariff authority.

Twelve states, five small businesses and two Illinois-based toymakers have challenged Trump’s authority to impose tariffs under a 1977 law without Congressional approval. That law, the International Emergency Economic Powers Act, doesn’t mention the word “tariff” and has never been used to impose tariffs. Trump’s legal team argues that the law is a clear delegation of emergency power, granting the president broad authority to act in times of crisis.

The Supreme Court is expected to decide the case before the end of June, if not sooner.

Trump has said he wants to use tariffs to restore manufacturing jobs lost to lower-wage countries in decades past, shift the tax burden away from U.S. families and pay down the national debt. Economists, businesses and some public companies have warned that tariffs will raise prices on a wide range of consumer products.

A Congressional Budget Office report from August estimated tariffs could bring in $4 trillion over the next decade. That CBO report came with caveats and noted that tariffs will raise consumer prices and reduce the purchasing power of U.S. families.

Leave a Comment





Latest News Stories

Congressional Perks: House account spending jumped 21% in 2022

Congressional Perks: House account spending jumped 21% in 2022

By Arthur KaneThe Center Square Spending on U.S. House of Representatives office accounts increased by more than 85% over the past three decades but nearly half of that occurred since...
Everyday Economics: Rate cut debate: Reading mixed signals in a fragile economy

Everyday Economics: Rate cut debate: Reading mixed signals in a fragile economy

By Orphe DivounguyThe Center Square The Federal Reserve cut interest rates last week, but the decision was far from unanimous. Two members of the Federal Open Market Committee (FOMC) dissented...
Arizona looks to legal immigration with Trump's border security

Arizona looks to legal immigration with Trump’s border security

By Andrew RiceThe Center Square As President Trump approaches the one year mark in office, apprehensions at the southern border have dropped significantly. States along the southern border, including Texas,...
Casey illinois library.2.logo graphic

Casey Library Board Votes to Maintain $70 Non-Resident Fee

Casey Township Library Board of Trustees Meeting | October 2, 2025 Article Summary: The Casey Township Library Board of Trustees voted on Thursday to keep the annual fee for a...
Appeals court: IT firm can’t make insurer foot bill for $28M face scan deal

Appeals court: IT firm can’t make insurer foot bill for $28M face scan deal

By Scott Holland | Legal NewslineThe Center Square A state appeals panel has agreed an insurance company doesn’t need to contribute to a $28.5 million settlement that resolved a class...
Illinois soybean farmers face uncertainty amid MAHA push against seed oils

Illinois soybean farmers face uncertainty amid MAHA push against seed oils

By Catrina Barker | The Center Square contributorThe Center Square Illinois soybean farmers face a potential market shakeup if public sentiment, and eventually policy, turns against seed oils, experts warn....
Illinois quick hits: Pritzker to sign tax, toll increases to bail out transit

Illinois quick hits: Pritzker to sign tax, toll increases to bail out transit

By Jim Talamonti | The Center SquareThe Center Square Pritzker to sign tax, toll increases to bail out transit Gov. J.B. Pritzker says he looks forward to signing public transit...
IL Senate approves Department of Corrections director despite fierce opposition

IL Senate approves Department of Corrections director despite fierce opposition

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Despite a myriad of ongoing issues at the Illinois Department of Corrections, state senators approved the nomination...
Report: PJM power grid electrification faces bumpy transition

Report: PJM power grid electrification faces bumpy transition

By Lauren Jessop | The Center Square contributorThe Center Square (The Center Square) – The nation’s power grid is entering a new era of soaring demand – the full extent...
Early morning vote advances Illinois’ 'Terminally Ill Patients Act,' sparks outcry

Early morning vote advances Illinois’ ‘Terminally Ill Patients Act,’ sparks outcry

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – A controversial bill allowing terminally ill patients in Illinois to self-administer life-ending medication passed the legislature...
Indiana state police working with ICE at Illinois border to secure interstates

Indiana state police working with ICE at Illinois border to secure interstates

By Bethany Blankley | The Center Square contributorThe Center Square (The Center Square) – U.S. Immigration and Customs Enforcement officers continue to arrest hundreds of drivers on interstates who are...
WATCH: IL lawmakers pass consequential bills early Halloween

WATCH: IL lawmakers pass consequential bills early Halloween

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – In today's edition of Illinois in Focus Daily, The Center Square Editor Greg Bishop powers through on...
Meeting Briefs

Meeting Summary and Briefs: Lake Land College Board of Trustees for September 2025

Lake Land College Board of Trustees Meeting | September, 2025 The Lake Land College Board of Trustees expressed strong confidence in President Dr. Jonathan "Josh" Bullock at its meeting on...
Casey Library.3

Volunteer Shortage Cancels Library’s Parade Entry; Full Slate of October Events Planned

Casey Township Library Board of Trustees Meeting | October 2, 2025 Article Summary: The Casey Township Library canceled its planned participation in the Homecoming Parade due to a lack of...
Mrs. Davis' First Grade class.1

Building Blocks of Literacy: First Graders Master Reading and Writing

In Mrs. Davis's first-grade classroom, students are busy building the foundational skills for a lifetime of learning. The young readers and writers have been focused on mastering phonics, specifically highlighting...