Donald Trump claims tariffs are making America rich

Donald Trump claimed America is “taking in billions and billions of dollars” as a result of global trade tariffs.

The US president said nothing he heard during a White House meeting with Italy’s prime minister Giorgia Meloni on Thursday (17 April), changed his mind about his controversial tariffs.

Trump said: “The tariffs are making us rich."

He added: “We're taking in a lot of money. Don't forget we are taking in 25 per cent on cars, 25 per cent on steel, 25 per cent on aluminum, 10 per cent baseline — we put penalties on China for sending us fentanyl.