President Donald Trump defended his tariff policy in a pair of Truth Social posts, saying the levies are delivering "a huge positive impact on the stock market" and generating "hundreds of billions of dollars" for the U.S. Treasury. He asserted that equity benchmarks are setting record highs "almost every day." Trump also warned that if what he called a "radical left court" were to invalidate the tariffs, it would be "1929 all over again, a Great Depression." In a follow-up message three days later, he reiterated that the duties are "making our country strong and rich." The comments underscore the administration’s commitment to maintain the 145% tariff on Chinese goods that came into force on April 9, 2025, even as legal challenges and debate over the economic costs continue.