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  • 7 hours ago
US President Donald Trump says he will continue imposing tariffs on other countries despite the Supreme Court ruling that overturned the import tax policy.Mr Trump’s latest trade tariffs came into effect on UK imports at 10% on Tuesday, lower than the 15% rate he threatened over the weekend, after he signed an executive order following the Supreme Court’s decision on Friday.Speaking at his State of the Union address before a joint session of Congress at the US Capitol in Washington DC, Mr Trump said: “Almost all countries and corporations want to keep the deal that they already made.

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00:03Less than five months from now, our country will celebrate an epic milestone in American history,
00:09the 250th anniversary of our glorious American independence. This July 4th, we will mark two
00:18and a half centuries of liberty and triumph, progress and freedom in the most incredible
00:23and exceptional nation ever to exist on the face of the earth. And you've seen nothing yet
00:29we're going to do better and better and better. This is the golden age of America.
00:34But the good news is that almost all countries and corporations want to keep the deal
00:40that they already made, knowing that the legal power that I as president have to make a new deal
00:48could be far worse for them. And therefore, they will continue to work along the same successful
00:53path that we had negotiated before the Supreme Court's unfortunate involvement.
01:01Many of the wars I settled was because of the threat of tariffs. I wouldn't have been able
01:05to settle them without. And as time goes by, I believe the tariffs paid for by foreign countries
01:11will, like in the past, substantially replace the modern day system of income tax, taking a great
01:19financial burden off the people that I love. Trillions and trillions of dollars will continue pouring
01:24into the United States of America because we finally have a president who puts America first.
01:30I put America first.
01:31I put America first.
01:32I put America first.
01:32It's been a fun five years.
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