President Trump on Wednesday said that children could have fewer toys while his administration puts high tariffs on trading partners, acknowledging that there may be shortages of goods because of his plan.

“They’re having tremendous difficulty because their factories are not doing business. They made a trillion dollars with [former President] Biden … selling us stuff. Much of it, we don’t need,” Trump said, referring to China, on which he has imposed an overall 145 percent tariff.

He added, “You know, someone said, ‘Oh, the shelves, they’re going to be open.’ Well, maybe the children will have two dolls instead of 30 dolls, and maybe the two dolls will cost a couple of bucks more than they would normally. But we're not talking about something that we have to go out........

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