'We're Taking in Hundreds of Millions of Dollars in Tariffs,...We're Doing Great': Trump Boasts Aggressive Tariff Push

Washington, D.C.: US President Donald Trump hailed his administration’s aggressive tariff push against several nations, stating that the U.S. is now generating hundreds of millions of dollars in revenue due to the new policy.

During an address at a New Year’s Eve celebration at his Florida resort on Thursday, the President praised his administration's progress and claimed the country is "back and strong."

"We're taking in hundreds of millions of dollars in tariffs," the President said.

"We're doing great as a country. We're back. We're strong. I didn't think it could happen this fast. It's happening faster than anybody thought possible," he said.

When asked about his wish for the New Year, Trump stated that he "wanted peace on Earth," according to a report by Fox News.

The gala was attended by among other guests Israeli Prime Minister Benjamin Netanyahu and his wife Sara.

Trump then acted as the auctioneer for a painting of Jesus Christ's face by artist Vanessa Horabuena. Trump said proceeds would go to St. Jude Children's Hospital and a sheriff's department. The painting sold for USD 2.75 million.

Earlier, in what will come as good news in the New Year, Trump announced that the National Guard will be withdrawn from Chicago, Los Angeles, and Portland, claiming that their presence had helped reduce crime in these cities.

He also suggested that federal forces could return in the future if crime rises again.

In a post on Truth Social, Trump wrote, "We are removing the National Guard from Chicago, Los Angeles, and Portland, despite the fact that CRIME has been greatly reduced by having these great Patriots in those cities, and ONLY by that fact. Portland, Los Angeles, and Chicago were GONE if it weren't for the Federal Government stepping in. We will come back, perhaps in a much different and stronger form, when crime begins to soar again - Only a question of time."

"It is hard to believe that these Democrat Mayors and Governors, all of whom are greatly incompetent, would want us to leave, especially considering the great progress that has been made?" the post read.

Just a week earlier, the United States Supreme Court refused to authorise the deployment of the National Guard in Chicago, over the objection of Illinois officials.

Trump also claimed that tariffs have helped drive record investment into the country. He added that companies are establishing factories and businesses across the country "at a level never seen before" because domestically manufactured products face no tariffs.

In a post on Truth Social, Trump wrote, "The United States has set a World Record on investments being made into a Country, and it is Trillions of Dollars more than number two, China. This is singularly because of TARIFFS, and the fact that if you make your product in the U.S., there ARE NO TARIFFS. Hence, factories and businesses are being built all over our Country - At a level never seen before. Congrats to the USA on this incredible achievement."

(With inputs from agencies)

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