Trump: "I Will Increase US Jobs by Threatening with Tariffs"

Bloomberg News Interview
"Tariffs Imposed Even Without Dollar Payments in Trade"

Donald Trump, the former U.S. president and Republican presidential candidate, announced on the 15th (local time) that he would impose ultra-high tariffs to bring manufacturing plants and numerous jobs back to the United States.

In an interview with Bloomberg News at the Chicago Economic Club on the same day, former President Trump said, "We will increase businesses and jobs to a level never seen before," adding, "This is only possible through the threat of tariffs."

He also clearly expressed his intention to use tariffs as a means to firmly maintain the U.S. dollar's status as the global reserve currency. Trump stated that the dollar is being threatened by the yuan and other currencies, and if the dollar loses its current status, the U.S. would be downgraded to the position of a third-world country. He reaffirmed his previous promise to impose tariffs on countries that do not use the dollar in trade.

Regarding Google, which recently lost an antitrust lawsuit filed by the U.S. Department of Justice over the search market, he said it was "bad," but showed a cautious stance on the possibility of breaking up Google.