US President Donald Trump has once again given a big statement regarding tariffs and taxes. During his address in North Carolina, Trump jokingly said that ‘tariff’ was his favorite word, but now he considers it his fifth favorite word. Along with this, he also announced big tax cuts to be implemented from the new year.
What did Trump say?
Donald Trump said, ‘I used to say that tariff is my favorite word, but this made me uncomfortable. Fake news people raised questions on me – what about religion, what about God, what about family, what about wife and children? So now tariff is my fifth favorite word.
Targeted again on fake news
In his statement, Trump targeted the media and said that his words are distorted and presented. He said that for this reason he is now more cautious about his words, so that unnecessary controversies do not arise.
Big tax cuts will be implemented from the new year
In his speech, Trump mentioned the tax cuts to be implemented in the country from the new year. He said that this will be the biggest tax cut in American history, which will directly benefit the common people.
VIDEO | North Carolina: US President Donald Trump says, “Tariff is… and I won’t say it because it gets me in trouble, my favorite word… No, I want it to be my fifth favorite word. Do you remember when I said the word tariff is my favorite word in the dictionary? And then the… pic.twitter.com/AeK44Z68VQ
— Press Trust of India (@PTI_News) December 20, 2025
Tax will not have to be paid on tips
Trump announced that now there will be no tax on tips. This will provide relief to lakhs of employees working in hotels, restaurants and service sectors. He said that employees working overtime will also be exempted from tax. According to Trump, this will directly benefit the hard working people and will increase their enthusiasm to work.
Big relief for senior citizens
President Trump said that there will be no tax on Social Security either. This will provide great relief to the senior citizens of America and their financial condition will be strengthened. Trump said that by the new year, the people of North Carolina will see ‘dramatic results’ of these policies. He claimed that his economic policies would leave more money in the pockets of ordinary Americans and strengthen the country’s economy.
