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How Trump justifies his tariffs — from budget balancing to protecting ‘the soul’ of America

  • Trump granted a one-month exemption on new tariffs for U.S. Automakers from Mexico and Canada amid concerns about domestic manufacturing.
  • Trump cited concerns over illegal immigration and national security as reasons for imposing tariffs on Canada, Mexico, and China.
  • Trump stated that tariffs will help balance the budget and protect American jobs, referring to them as a mechanism for fairness and national prosperity.
  • He emphasized that the tariffs are also meant to protect 'the soul of our country.
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How Trump justifies his tariffs — from budget balancing to protecting 'the soul' of America

To President Donald Trump, “tariff” is more than “the most beautiful word in the dictionary.” In Trump’s view, tariffs are a cure for many of the nation’s ills and a tool to reach new heights.

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Fortune broke the news in New York, United States on Wednesday, March 5, 2025.
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