Wants to build a US tank, not T-shirt: Donald Trump on Tariff

US President Donald Trump defended his hardcore tariff strategy on Sunday, emphasizing that his goal was to increase American production of military and high -tech goods, not to revive the country’s textile industry.“We are not looking to make sneakers and T-shirts,” Trump told reporters before boarding Air Force One in New Jersey. “We want to make military equipment. We want to make big things. We want to make, AI wants to work.”These comments came in support of Treasury Secretary Scott Besant’s comments on April 29, in which they reduced the need for “growing textile industry”. That feeling was rapidly criticized by the National Council of Textile Organizations, but Trum doubled, saying that his focus is on the manufacture of important products such as computer chips, tanks, and ships.“I am not looking to make socks,” said Trump. “We can do great in other places.”However, Trump’s priority of military and technical goods has drawn pushbacks from the American Apparel and Footwear Association (AAFA), which argues that further tariffs will already damage the stressful American apparel industry.“We are being imported with 97% of clothes and shoes, and clothes and shoes already with the most high tariffed industry in the US, we need to focus on general knowledge solutions,” AAFA President Steve Lamor said in a statement. “More tariffs will only mean high input costs and high prices for American manufacturers that will harm consumers with low -income.”As Trump’s comment, he revives the rhetoric of aggressive business, calling for 50% tariff on European Union goods from 1 June on Friday. He also floated 25% of potential levy on all imported iPhones sold in the US, a step that could be a wide implication for technical giant apples and American consumers.However, on Sunday, Trump extended the Tariff’s deadline of the European Union to July 9, cited the desire to allow more interaction with the 27-Nations block.