Trump Discusses Tariffs, Third Term Amid Elections

President Trump is set to impose a 25% tariff on foreign-made cars and parts, which he has dubbed 'Liberation Day.' Economic experts suggest that if these tariffs target finished goods, the financial burden will primarily fall on consumers, while tariffs on intermediary products could disrupt supply chains. Additionally, Trump has expressed intentions to seek a third term in office, despite the constitutional limitations, although an amendment to enable this seems unlikely. As the tariffs take effect, Congress is also refocusing on budget resolutions and internal party dynamics, particularly in light of upcoming special elections in Florida. Meanwhile, some analysts argue that the U.S. dollar's dominance in global trade creates an uneven playing field, making tariffs a defensive measure rather than mere protectionism. The economic and political implications of these tariffs and Trump's political ambitions are being closely monitored.