Trump says if the US still has high tariffs a year from now, it would be a 'total victory'

Source: Business Insider

Trump said this week it would be a "total victory" if high tariffs are still around in a year. Chip Somodevilla/Getty ImagesTrump considers high tariffs a "total victory" if they remain in place next year. He believes tariffs will encourage US production and reduce trade deficits with other countries.