In a recent TIME interview, President Donald Trump assessed his first 100 days in office, asserting the effectiveness of his administration. He discussed contentious issues such as the trade imbalance that reportedly cost the U.S. $2 trillion per year, stating that a strong response was needed to correct this. Trump also expressed confidence in the economic fluctuations of the market, emphasizing his administration's approach to trade with tariffs on various imports. He addressed concerns regarding the expansion of presidential power, asserting that he was utilizing it as intended.
I think I'm using it as it was meant to be used. I feel that we've had a very successful presidency in 100 days.
We were losing $2 trillion a year on trade, and you can't do that. I mean, at some point somebody has to come along and stop it.
You see the market fluctuates quite a bit. Today, it's up 1,000 or 1,200 points. It goes up and down, but that will steady out.
We're taking in tremendous amounts of money. We have, as you know, already, 25% on cars, 25% on steel and aluminum.
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