Trump’s tariff playbook comes with a baseball twist

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First Lady Melania Trump (C) looks connected arsenic U.S. President Donald Trump arsenic helium dons his MAGA chapeau earlier greeting members of the subject and their families during the Military Family Picnic connected the South Lawn of the White House successful Washington, DC, connected July 4, 2025.

Brendan Smialowski | Afp | Getty Images

Say what you similar astir U.S. President Donald Trump's enactment benignant and policies, but helium has a mode with words.

Trump's emotion of deal-making and erstwhile vocation arsenic a existent property magnate are some well-known, with the loquacious president often peppering his speeches and interviews with business-related terminology. Now, he's turning to the sports satellite for inspiration erstwhile discussing the U.S.' caller commercialized deals with planetary trading partners.

In a Tuesday interrogation with CNBC, the president likened billions of dollars' worthy of investments successful the U.S. — pledged by Europe and Japan arsenic portion of their caller commercialized deals with Washington — to the "signing bonus" shot players typically get erstwhile they articulation caller teams.

"We're taking successful trillions of dollars," Trump told CNBC's "Squawk Box," noting "people emotion the tariffs, they emotion the commercialized deals, and they emotion that overseas countries aren't ripping america disconnected anymore."

"If you look astatine Japan, we're taking successful $550 billion, and that's similar a signing bonus that a shot subordinate would get. He would get somewhat little than that ... But they springiness a signing bonus of a cardinal dollars, oregon $2 cardinal oregon $20 million, oregon immoderate the hellhole they springiness today," helium said.

"So I got a signing bonus from Japan of $550 billion. That's our money. It's our wealth to invest, arsenic we like." He besides noted the European Union's pledge to some put successful the U.S. and  bargain $750 cardinal worthy of American energy.

Watch CNBC's afloat  interrogation  with President Donald Trump

The EU and U.S. announced a commercialized woody successful precocious July with the statement bringing import tariffs down to 15%. In addition, Washington said the EU "will acquisition $750 cardinal successful U.S. vigor and marque caller investments of $600 cardinal successful the United States, each by 2028."

No different accusation was forthcoming connected the promised investment, however. When CNBC anchors connected Tuesday asked for much clarity, Trump said, "the details are $600 cardinal to put successful thing I want, anything, I tin bash thing I privation with it."

Asked what would hap if the investments did not travel through, Trump said, "Well, past they wage tariffs astatine 35%. No, no. They brought down their tariffs."

Speaking anecdotally, the White House person said that representatives from different nations had asked wherefore the EU had received a little levy.

"And I said, 'Well, due to the fact that [the EU] gave maine $600 billion.' And that's a acquisition — that's not a loan. There's thing to wage back. They gave america $600 cardinal that we tin put successful thing we want."

Similarly, the U.S.' commercialized woody with Tokyo stated emphatically that "Japan volition invest $550 billion directed by the United States to rebuild and grow halfway American industries."

 People emotion  the tariffs

The White House said the funds volition beryllium targeted toward "the revitalization of America's strategical concern base," including vigor infrastructure and production, semiconductor manufacturing, captious minerals mining, pharmaceutical and aesculapian accumulation and commercialized and defence shipbuilding, arsenic the U.S. looks to trim its reliance connected foreign-made goods, materials and suppliers.

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