Washington, Feb 25 || US President Donald Trump declared that America was “winning again,” touting sweeping tax cuts, what he called the "strongest and most secure border in American history," and a new policy to shield consumers from rising electricity costs linked to artificial intelligence.
“For all these reasons, I say tonight—Members of Congress, the state of our union is strong,” Trump said in his State of the Union address.
On the economy, Trump said his administration had delivered “the largest tax cuts in American history.” He highlighted “No tax on tips. No tax on overtime. And no tax on social security for our great seniors.”
He also defended his tariff strategy. “One of the primary reasons for our country’s stunning economic turnaround… were tariffs,” he said, adding that “these powerful, country-saving, peace-protecting tariffs will remain in place.”
“As time goes by, I believe that tariffs, paid for by foreign countries, will… substantially replace the modern-day system of income tax,” he said.
Trump argued that economic indicators had turned sharply. “The stock market has set 53 all-time record highs since the election,” he said, while claiming inflation had fallen and investment commitments had surged.