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Trump admits for the first time that some tariffs are borne by American consumers, and may initiate "Plan B" to respond to the Supreme Court ruling.
BlockBeats News, November 7 — On Thursday, Trump for the first time “changed his tone,” acknowledging that the costs of tariffs he implemented “may” be partially borne by American consumers. This marks a significant shift from his long-standing “foreign pays” stance. The statement came at a critical moment when the U.S. Supreme Court questioned the legality of his tariff authority. Trump warned that an unfavorable ruling from the Supreme Court would be a “catastrophic blow,” and stated that the U.S. government must prepare a “Plan B” to respond. Despite this change in stance, he still insists that the overall tariff policy brings great benefits to the United States and is an important tool for resolving international trade conflicts. (Jin10)