Trump Admits Some Tariffs Are Paid by U.S. Consumers for the First Time, or May Launch 'Plan B' in Response to Supreme Court Ruling

By: theblockbeats.news|2025/11/07 14:45:54

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BlockBeats News, November 7th. On Thursday, Trump reversed course for the first time, admitting that the costs of his imposed tariffs may be partially borne by American consumers, marking a major shift from his long-standing foreign pay narrative. This statement comes at a crucial moment as the Supreme Court of the United States questions the legality of his tariff powers.

Trump warned that a negative ruling by the Supreme Court would be a catastrophic blow, stating that the U.S. government must be prepared with a Plan B. Despite the shift in position, he still insists that the tariff policy overall has brought tremendous benefits to the United States and is a key tool in resolving international trade conflicts. (FXStreet)

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