Trump acknowledged the negative effect of tariffs on the United States and justified it by damaging China.

The United States is facing difficult times due to tariffs, but the end result will be historic. This was announced on Saturday, April 5, by the American President Donald Trump.

"China has suffered much more than the United States. <...> We are bringing back jobs and businesses like never before. <...> This is an economic revolution, and we will win, hold on tight, although it will not be easy, but the end result will be historic," he wrote on his Truth Social network.

According to Trump, other countries mistreated the United States and made the country a "whipping bag."

Destination imports: how will China's retaliatory measures against US duties turn out

The largest trade conflict in 100 years will accelerate inflation and collapse oil demand, experts say.

On April 2, Trump announced large-scale measures: base tariffs of 10% are being introduced for all products supplied to the United States. For the EU, this figure has been raised to 20%, and for China — to 34%. In his speech, the president called April 2 the day when Americans will become rich again.