Trump: US Economy Heading in Right Direction, China Will Probably Eat Tariffs

The president discussed the economy and the impact of his recent tariffs on America’s trading partners.

President Donald Trump speaks to reporters in the Oval Office of the White House on Feb. 03, 2025. Anna Moneymaker/Getty Images

President Donald Trump defended his trade policies on April 29 and sought to ease Americans’ concerns about the economy, saying that China “probably will eat those tariffs.”

Trump made the comments in an interview with ABC News anchor Terry Moran when asked if Americans can expect “hard times ahead.”