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    Tanks, not T-Shirts: What Trump really wants from tariffs

    Synopsis

    President Trump clarified his tariff policy, emphasizing its focus on boosting domestic production of military and technology equipment rather than consumer goods. He stated the U.S. aims to produce military equipment, AI, computers, chips, tanks, and ships. Trump also reignited his aggressive trade stance by proposing tariffs on EU goods and iPhones.

    White House slashing staff in major overhaul of National Security Council, officials sayAP
    US President Donald Trump
    US President Donald Trump said on Sunday that his tariff policy is focused on bolstering domestic production of military and technology equipment, rather than consumer goods like sneakers and T-shirts.

    Speaking to reporters before boarding Air Force One in New Jersey, Trump echoed Treasury Secretary Scott Bessent’s recent comments that the U.S. doesn't necessarily need a booming textile industry—a stance that has drawn criticism from the National Council of Textile Organizations.

    “We’re not looking to make sneakers and T-shirts,” Trump said. “We want to make military equipment, big things, AI, computers, chips, tanks, and ships.”

    Trump, who has roiled global markets with sweeping tariffs, reignited his aggressive trade stance on Friday by proposing a 50% duty on European Union goods from June 1, and floated a 25% tariff on all imported iPhones sold to U.S. consumers.


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