At APEC, Trump frames tariffs as "economic security," cites deficit reduction projection
Donald J. Trump told APEC attendees that reciprocal tariffs serve national security and said tariffs are "projected to reduce our deficit by $4,000,000,000,000 over the next 10 years," urging firms to build in the U.S. to avoid levies.
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Speaking at the APEC session, Donald J. Trump framed his reciprocal-tariff approach as an element of national security and economic strategy. "All tariffs, now projected to reduce our deficit by $4,000,000,000,000 over the next 10 years," he said, and he urged companies that do not want to pay tariffs to "build your factory in America," noting that firms located in the U.S. would face "0 tariffs."
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