President Donald Trump suggested that the “full benefit” of tariffs has not yet been realized because their impact has been blunted by stockpiles of goods amassed to avoid paying the tariffs — but he suggested that those stockpiles are dwindling and the full force of his tariffs will soon take hold.
“Despite the massive amount of money being made by the United States of America, Hundreds of Billions of Dollars, as a direct result of Tariffs being charged to other countries, the full benefit of the Tariffs has not yet been calculated in that many of the buyers of goods and products, in order to avoid paying the Tariffs in the short term, ‘STOCK UP’ by purchasing far more inventory than they can use,” Trump declared in a Monday morning Truth Social post.
“That heavy inventory purchase is now, however, wearing thin, and soon Tariffs will be paid on everything they apply to, without avoidance, and the amounts payable to the USA will SKYROCKET, over and above the already historic levels of dollars received,” he continued.
Trump suggested that tariffs will bolster U.S. wealth and security.
“These payments will be RECORD SETTING, and put our Nation on a new and unprecedented course. We are already the ‘hottest’ Country anywhere in the World, but this Tariff POWER will bring America National Security and Wealth the likes of which has never been seen before. Those opposing us are serving hostile foreign interests that are not aligned with the success, safety and prosperity of the USA. They couldn’t care less about us,” he wrote.
But it appears that much of the public does not share the president’s enthusiasm for tariffs.
