We will charge them approximately half of what they are and have been charging us.

We're going to be charging [China with] a discounted reciprocal tariff of 34 percent.

From 1789 to 1913 we were a tariff-backed nation, and the United States was proportionately the wealthiest it has ever been.

Then in 1929 it all came to a very abrupt end with the Great Depression. And it would have never happened if they had stayed with the tariff policy.

The markets are going to boom, the stock is going to boom, the country is going to boom, and the rest of the world wants to see is there any way they can make a deal. They've taken advantage of us for many, many years. For many years we've been at the wrong side of the ball. And I'll tell you what, I think it's going to be unbelievable.

The horrific decision stated that I would have to get the approval of Congress for these Tariffs. In other words, hundreds of politicians would sit around D.C. for weeks, and even months, trying to come to a conclusion as to what to charge other Countries that are treating us unfairly. If allowed to stand, this would completely destroy Presidential Power - The Presidency would never be the same!