'They're ripping us off & they understood it': Key takeaways from Trump's tariff speech

On April 2, 2025, President Trump announced tariffs to assert US economic independence, targeting countries including China. He insists this will revitalise domestic manufacturing, though it risks a global trade war. Trump expressed frustration with international trade practices, vowing to boost jobs and industry within the US while portraying his measures as a necessary resistance against foreign exploitation.