U.S. President Donald Trump said that tariffs imposed by his administration were targeted only at countries with which the United States has trade deficits. Speaking at the annual World Economic Forum in Davos, Switzerland, Trump described the decision as fair and claimed that most people understand the reasoning behind it. He acknowledged that some have been negatively affected but maintained that the overall policy was justified.
Trump also stated that in some cases, tariff rates had been reduced. He cited Switzerland as an example, noting that an initial 30 percent tariff was later lowered because he did not want to cause harm to people. During his remarks, Trump further asserted that the United States is sustaining the entire world.
The comments, reported by the BBC, reflect Trump’s continued defense of his trade policies on the global stage, emphasizing fairness and national interest as key motivations behind the tariff measures.