A post by @FirstSquawk on X.

President Trump ruled out scaling back his tariffs, arguing that removing them would halt the roughly 3,000 plants currently under construction in the U.S. In remarks cited by CNBC, he suggested every one of those projects would stop building if tariffs were lifted. The stance signals the administration intends to keep trade barriers in place as a core industrial policy tool. It matters for markets because sustained tariffs keep input costs and supply-chain uncertainty elevated for manufacturers and importers. Watch next for whether trading partners retaliate and whether construction and capex data validate the plant-building claim.