Trump: Smart Tariffs Will Not Create Inflation, They Will Combat Inflation

EXCERPT:

TRUMP: “Smart tariffs will not create inflation, they will combat inflation. I had almost no inflation, and I had the highest tariffs that anyone's seen, and they were going a lot higher. Foreign nations will pay us hundreds of billions of dollars, reducing the deficit and driving inflation down. It'll largely reduce our deficit. In my first term, we imposed historic tariffs with no effect on consumer prices or inflation. The anti-tariff people, many of them, I believe, honestly work for these other countries in some form, get tremendous amounts of lobbying money and other money, because it doesn't make sense what they're saying.”