Don’t be afraid of a crushing defeat in the midterm elections! Trump threatens tariffs again: No factories in the United States will be subject to tariffs of up to 300%

[Financial Channel/Comprehensive Report] The Democratic Party won a major victory in the U.S. midterm elections, gaining a majority in both houses of the Senate and the House of Representatives. It was a setback for the Republican Party led by U.S. President Trump. However, just two days later, Trump reiterated his high tariff policy and proposed that foreign companies that do not build factories in the United States may impose tariffs of up to 300%, showing that Trump intends to maintain the current trade policy.

In an interview with reporters at the White House on November 5, local time, Trump stated that various measures will be announced in the next 1 to 2 weeks, and a number of plans are currently being prepared. According to him, there are currently more than 3,000 factories and production facilities being built by foreign companies in the United States, and he emphasized that tariffs are an important factor in promoting such investments.

Trump maintains that 99% of the reasons why foreign companies build factories in the United States are to avoid tariffs. He said that if the tariffs were lifted, the factory construction projects currently underway would be halted. He hinted that companies that have not built factories in the United States may face tariffs starting from 50%, and the tax rates may increase to 100%, 150%, 250%, or even as high as 300%.

Trump said that once companies start building and operating factories in the United States, they no longer have to pay these tariffs.

This statement is generally in line with Trump's consistent tariff policy, and also shows that after the midterm elections, the Trump administration intends to continue the policy direction of using tariffs to attract manufacturing investment in the United States.

However, Trump did not specify which products or companies would face tariffs of up to 300%, nor when the relevant measures might take effect. This figure is only the highest tax rate proposed by Trump, not the tariff measures that have been finalized.