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Key Points

President Trump passionately defended his tariff strategy, calling it the "most beautiful word" and his favorite term. He claimed the US is becoming "rich as hell" after taking in trillions of dollars from other countries. The president recently announced a 100% tariff on all movies produced outside the United States, arguing America's film industry had been "stolen." He also plans to impose 100% tariffs on pharmaceutical products unless companies establish US manufacturing facilities.

Key Points: Trump Defends Tariffs as US Becomes Rich Again

  • Trump calls tariffs his favorite word and most beautiful term
  • Claims US has taken in trillions of dollars and becoming rich again
  • Announces 100% tariff on all movies produced outside United States
  • Imposes 100% tariff on pharmaceutical products unless manufacturing moves to US
3 min read

Other countries were taking advantage of us for years and years, now we are treating them fairly: Donald Trump on tariffs

President Trump calls tariffs his "most beautiful word" while claiming other countries took advantage of US for years, now bringing in trillions of dollars.

"I love tariffs. Most beautiful word... We're becoming rich as hell... - Donald Trump"

Washington, DC, October 1

US President Donald Trump on Tuesday (local time) once again justified his tariff strategy by terming it the "most beautiful word" and noted that other countries were taking "advantage" of the US for "years and years" while pointing out that now they were treating them "fairly".

"I love tariffs. Most beautiful word... Tariff is my favourite word... We're becoming rich as hell...," said US President Donald Trump.

He said, "One of the first executive orders I signed upon taking office was to restore the principle of merit. That's the most important word, other than the word tariff. I love tariffs. Most beautiful word, but I'm not allowed to say that anymore. Tariff is my favourite word. I love the word tariff. We're becoming rich as hell. We have a big case in front of the Supreme Court, but I can't imagine because this is what other nations have done to us..."

He noted that the US is becoming "rich" again after taking in "trillions of dollars"

"We've taken in trillions of dollars. We're rich again. When we finish this out, there'll never be any wealth like what we have. Other countries were taking advantage of us for years and years... Now we're treating them fairly. But the money coming in is something we've never seen. The other day, they had $31 billion that they found... $31 billion. That's enough to buy a lot of battleships..."

Earlier on September 29, US President Donald Trump announced a 100% tariff on all movies produced outside the United States, claiming that America's film industry had been "stolen" by overseas players.

In a post on Truth Social, Trump wrote, "Our movie-making business has been stolen from the United States of America, by other Countries, just like stealing 'candy from a baby.' California, with its weak and incompetent Governor, has been particularly hard hit!"

"Therefore, in order to solve this long-time, never-ending problem, I will be imposing a 100% Tariff on any and all movies that are made outside of the United States. Thank you for your attention to this matter. MAKE AMERICA GREAT AGAIN! President DJT," he added.

The announcement is followed by Trump's earlier declaration on September 26 that his administration will impose a 100 per cent tariff on branded and patented pharmaceutical products beginning October 1, 2025, unless the manufacturing companies establish production facilities in the United States.

- ANI

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Reader Comments

P
Priya S
The 100% tariff on foreign movies will hit Bollywood hard! So many Indian films release in US theaters. This is really unfair treatment 😔
R
Rohit P
While I understand protecting domestic industries, calling it "fair treatment" when it hurts other countries' economies seems hypocritical. Trade should benefit all parties involved.
S
Sarah B
The pharmaceutical tariff announcement is worrying. India is the pharmacy of the world and many Americans depend on affordable medicines from here. Hope there's some middle ground.
V
Vikram M
Time for India to strengthen domestic consumption and reduce dependency on US markets. Make in India initiative becomes even more important now! 🇮🇳
K
Karthik V
Every country has the right to protect its interests, but calling tariffs "beautiful" while they might cause job losses in other countries shows lack of global perspective.

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