As Donald Trump marked his first 100 days back in the presidential office with characteristic flair and zeal, he had some pointed words for his supporters, particularly those concerned about his combative trade policies, which have spiraled the cost of living by significant margins.
Back in August 2024, Donald Trump made bold promises to the American public. He vowed that life would become more affordable with him steering the country’s helm.
“Once I win, I will take immediate steps to lower prices starting from day one,” Trump proclaimed during a rally in August 2024. He emphasized the need to increase domestic oil production by promising, “We will drill, baby, drill.”
Championing ‘America First’
Upon his return to the Oval Office, a period now slightly over 100 days, President Trump introduced the America First Trade Policy. This strategy aims at decreasing the nation’s reliance on foreign entities and eradicating damaging trade deficits through the collection of tariffs, duties, and other foreign trade taxes.
Progressing with this plan, on April 2, he initiated a 10% tariff on most countries, with steeper rates predicted to commence on July 9, absent any new trade deals.
Additionally, the President imposed significant tariffs: 25% on cars, steel, and aluminum; the same rate on Canada and Mexico; and an astonishing 145% on China, an action U.S. Treasury Secretary Scott Bessent likened to an embargo.
In retaliation, China hiked its tariffs on U.S. goods to 125%, and as Reuters reported, the European Union is also prepping its counteractions.
‘They Were Ripping Us Off’
In a conversation with ABC’s Terry Moran, Trump defended his extensive tariffs on a variety of Chinese imports, which span steel, electronics, toys, and other household essentials, rebuffing claims that they would inflate prices for everyday items from technology to housing materials.
“That’s good… they deserve it,” Trump remarked, contending it remains uncertain what impact prices will see. He presented this as a patriotic move against economic exploitation, stating, “China probably will absorb those tariffs. However, at 145, they almost can’t conduct business with the U.S. They were taking advantage of us like nobody’s ever done.
“And let’s not forget, we’ve seen similar behavior from other nations… nearly every other country was exploiting our economy.”
Nonetheless, China isn’t willing to shoulder the financial burden without affecting Americans. Beijing’s foreign ministry asserted their steady opposition to U.S. tariff misuse, indicating a continuing trade conflict.
‘Country’s Doing Great’
Though only 100 days back in office, the tangible effects of Trump’s global trade skirmishes are hitting American shores with greater intensity.
The President claims his policies are rejuvenating the U.S. economy, denying any economic pressures on citizens, boasting that the country has flourished since his reclamation of the presidency.
“It’s been years of trade abuse. Other nations have taken advantage of us for far too long. They mocked us. Thought we were foolish, but we’re rectifying all that,” Trump avowed to Moran in an interview on April 29. “We’re faring well. Just wait for the fiscal reports – in six months, watch out for the highlights.”
‘Laughed At’ Once Again
Moran challenged Trump, suggesting there’s been a blow to America’s international stature post-election, spotlighting how furious Canadians are with Trump’s claims of U.S. authority over their territory.
Trump retorted, “That’s their choice,” defending his accomplishments: “I’m achieving wonders; I’m reigniting America’s greatness.”
“I believe our global reputation has strengthened remarkably. Once, the world laughed at us. Our previous leader struggled with basic tasks, a disgracefully incapable president,” Trump added.
Unfulfilled Promises
Though Trump’s rhetoric claims otherwise, under his directive, the cost of living has surged noticeably.
Research shows that due to the America First Trade Policy, households will shoulder between $4,000 and $8,000 more owing to inflated costs of imports ranging from gadgets and clothes to cars and food.
“Some of your own voters are voicing regret, saying, ‘We didn’t sign up for this.’ How do you address those apprehensions?” Moran inquired.
Trump’s reply was staunch, “Well, they did sign up for it. This was my campaign promise. We’ve suffered unprecedented exploitation by foreign nations…”
He also reassured of his commitment to decreasing costs.
Denying any shortcomings in honoring that pledge, Trump affirmed: “I have achieved that.”
Concerns of ‘Chaos’
The pressure is palpable among Americans feeling overwhelmed by his governance.
An ABC News/Washington Post/Ipsos survey indicates Trump’s lowest 100-day approval rating out of any U.S. president in eight decades, with 55% disapproving his management during this term.
Furthermore, a New York Times/Siena College poll shows only 42% of participants approved of his work so far, with many characterizing his office as ‘frightening’ and ‘chaotic.’
Despite the provocative policies and spotlight-stealing narratives, numerous voters experienced more disruption than prosperity.
How do you assess Trump’s performance in these first 100 days of his presidency? Feel free to share your thoughts and let’s engage in this conversation!
