US President Donald Trump defended his decision to increase tariffs on China to 125 per cent, asserting that “somebody had to do it.” Trump made this statement during a meeting with Roger Penske’s NASCAR, INDY, and IMSA Champions at the White House. He emphasized that no previous US leader would have taken such a bold stance, stressing that the tariff hike was essential due to the unsustainable trade imbalance with China. Trump’s remarks come amidst ongoing trade tensions between the two economic giants. The President’s move to raise tariffs has sparked concerns about the impact on global trade and the economy. Critics argue that such measures could lead to a trade war with China, affecting businesses and consumers worldwide. Trump’s administration has been pushing for a more balanced trade relationship with China, aiming to address issues such as intellectual property theft and unfair trade practices. The decision to escalate tariffs reflects the President’s commitment to prioritizing American interests and protecting domestic industries. As the US-China trade dispute continues to unfold, the international community is closely watching for further developments and potential implications on the global economy.

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Trump justifies 125% tariffs on China, calls it necessary for trade balance – defends decision at White House meeting.
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