In an interview with ABC News, President Donald Trump downplayed concerns about tariffs on Chinese imports affecting consumer costs, stating that “China probably will eat those tariffs.” Despite ABC News anchor Terry Moran likening the 145% tariffs to an embargo, Trump expressed satisfaction, remarking that China deserved the consequences.

However, economists caution that these tariffs could indeed result in increased prices for a variety of imported goods, spanning electronics, clothing, and housing construction materials. Moran highlighted the potential broad impact on consumer prices due to the tariffs.

Trump remained firm in his stance, asserting that China would likely bear the brunt of the tariff expenses, effectively limiting their ability to conduct substantial business with the United States. The President’s confidence in China absorbing the costs contrasts with the potential economic implications outlined by experts.

ABC News provided select excerpts from the interview, with the full conversation scheduled to air later in the evening. The dialogue underscores the ongoing trade tensions between the U.S. and China, with diverging perspectives on the ultimate consequences of the imposed tariffs.