US President Donald Trump has said that if customs duties are lifted, the United States could become a third world country.
“In many ways, we will become a third world country that will have no hope of becoming great again,” he wrote on the Truth Social network.
The politician noted that more than $15 trillion will be invested in the US economy mainly due to duties. At the same time, if the tariffs are terminated, “almost all of these investments and much more will be immediately canceled.”
Earlier, the US Court of Appeals declared most of Trump’s duties illegal.
The head of the White House, in turn, noted that all duties remain in effect until the decision of the Supreme Court.
