Trump: We’re making $2 billion a day due to tariffs… No inflation concerns

US President Donald Trump said, “We’re making $2 billion a day, which is unprecedented and we’ve never done it before,” stressing, “We’re in a good place, and there’s no inflation concerns.”

Trump added, in remarks on Thursday following a meeting with his government team, “All countries want to come to us and make trade agreements. We’re in a good economic situation, and there will be a cost during the transition period.”

According to CNBC, he added, “There will be costs and problems during the transition period, but things will be great in the end.”

Regarding the budget bill passed by the House of Representatives, Trump noted that it “includes the largest tax cuts ever.”

On Wednesday, the US president announced that he had authorized a 90-day pause on the implementation of the recently announced US tariffs.

Trump added that the pause applies to reciprocal tariffs, with the base rate of 10% applied only, noting that the suspension of the tariffs is effective immediately.

Trump stated that he had decided to raise tariffs on imports from China to 125%, and that This increase will take effect immediately. This comes after the so-called reciprocal or countervailing tariffs went into effect after midnight on Wednesday on dozens of countries. This comes just days after the implementation of the 10% comprehensive tariffs on a number of countries, which Donald Trump announced last Wednesday, April 2.