Today, President Donald J. Trump declared a national emergency, citing foreign trade and economic practices as a threat to the United States. The declaration aims to protect the nation's sovereignty, security, and competitive edge through new tariffs targeting international trade practices that are deemed unfair to American interests.
President Trump emphasized the necessity of these tariffs to promote fair trade and safeguard American workers. He stated, "tariffs are necessary to ensure fair trade, protect American workers, and reduce the trade deficit—this is an emergency."
The administration is prioritizing the growth of U.S. manufacturing, which is seen as essential to national security. The President is addressing trade imbalances by challenging the tariff disparities and barriers imposed by other nations.
The move is described as a call for reciprocal treatment, articulated as "the Golden Rule for Our Golden Age," urging other countries to engage with the U.S. under equal terms.
Supporting the effectiveness of tariffs, Trump noted, "Studies have repeatedly shown that tariffs can be an effective tool for reducing or eliminating threats that impair U.S. national security and achieving economic and strategic objectives."
