 "'Tomorrow night will be big': Trump's teaser ahead of his Congress address, tariff decisions")
US President Donald Trump on Monday (March 3) shared a cryptic post on his Truth Social platform, declaring that tomorrow night “will be big”.
In an all-caps post, the US president wrote, “TOMORROW NIGHT WILL BE BIG. I WILL TELL IT LIKE IT IS!"
Notably, Trump is going to address a joint session in Congress tomorrow night.
Trump’s Congress address tomorrow
It is to be noted that Tuesday’s address won’t be officially called the State of the Union address, as it’s generally given after the president has spent at least a year in the office. However, it will be Trump’s first major address to the Congress since assuming office on January 20.
In his address, the president is expected to reflect on key initiatives his administration has initiated.
Republican Speaker Mike Johnson said in an interview to Fox News that Trump’s address would be more like a State of the Union address as Trump has “put America back on a strong footing”.
Tariffs against Canada, Mexico and China go online
Interestingly, the Trump administration’s tariffs against Mexico, Canada and China will also come into effect on Tuesday (March 4).
The US commerce secretary earlier said the level of tariffs would be decided by Trump himself. Earlier, the US leader threatened to impose 25 per cent tariffs on both Canada and Mexico.
On the other hand, a 10 per cent additional tariff may also be levied on goods coming from China. This comes over and above 10 per cent tariff earlier imposed on imports from China last month.
Beijing plans retaliation
Chinese state media reports that Beijing has prepared a series of countermeasures to take effect on the same day as new US tariffs, raising fears of an all-out trade war between the world’s two largest economies.
According to the state-run Global Times newspaper, China’s response will likely focus on US agricultural and food products, a sector that has historically been vulnerable to trade disputes.
While analysts believe Beijing still hopes to negotiate a truce with the Trump administration and avoid a full-scale trade war, there is no indication yet of a deal between the two sides.
Impact Shorts
More ShortsTrump has consistently argued that tariffs are an effective tool for correcting trade imbalances and protecting US manufacturing, a stance that has fuelled tensions between Washington and Beijing.
(With inputs from agencies)
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