Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
Information
Discover
Search
Login
简中
繁中
English
日本語
한국어
ภาษาไทย
Tiếng Việt
BTC
ETH
HTX
SOL
BNB
View Market
Trump acknowledged for the first time that the cost of tariffs was "partially" borne by American consumers, and warned that an unfavorable Supreme Court ruling would trigger "Plan B."
2025-11-07 06:19

Odaily Planet Daily reports that US President Donald Trump publicly acknowledged for the first time on Thursday that American consumers "may" have borne "a portion" of the higher prices imposed by his tariffs, a significant shift from his long-held claim that "foreign countries pay." This statement comes as the US Supreme Court challenges the legality of his use of executive power to set tariffs. Trump had previously warned that any ruling stripping him of his tariff authority would be "catastrophic." He stated that if the ruling is unfavorable, his administration must immediately activate some kind of "Plan B" to deal with the situation, calling it a "devastating blow" to the United States. (Jin Shi)