‘Tariffs have been incredible’: Trump says America’s ‘rocking’ as Toyota, giants pour billions into US. Was he right?

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President Donald Trump has spent years arguing that tariffs would force companies to rethink where they build their products.

Now, as manufacturers announce billions of dollars in new U.S. investments and the stock market reaches fresh record-breaking highs, Trump says his strategy is delivering exactly what he promised.

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"Tariffs have been incredible," Trump said (1) during a recent interview with Fox News. "We've taken in hundreds of billions of dollars."

The Supreme Court ruled against the legal mechanism Trump had used to impose many of those tariffs earlier this year, but the president remains unfazed.