Trump Says Tariffs May Partly Hit U.S. Consumers, Warns of "Plan B" if Supreme Court Rules Against Authority
President Donald Trump said Thursday that tariff costs "may" be partly borne by American consumers, marking a shift from his earlier position that foreign entities bear the full cost, JinShi reports. Trump issued the statement as the Supreme Court examines the legality of his tariff authority, warning that an adverse ruling would be a "catastrophic blow" and the administration must prepare a contingency plan. He maintained that tariffs remain beneficial to the U.S. economy and serve as a key tool for resolving trade disputes.