Trump calls Gaza takeover plan a ‘real estate transaction’ as he previews new tariffs

Trump calls Gaza takeover plan a ‘real estate transaction’ as he previews new tariffs
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Trump calls Gaza takeover plan a ‘real estate transaction’ as he previews new tariffs
Author: Andrew Feinberg
Published: Feb, 07 2025 18:01

Trump says he’ll announce new tariffs on U.S. allies at a news conference next week. “I'll be announcing that next week, reciprocal trade so that we're treated evenly with other countries. We don't want any more, any less. So I'll be announcing that next week, and many other things having to do, not even with trade, but other things. But I'll be talking about reciprocal trade sometime next week, we'll have a news conference, and we'll lay it out pretty simple,” he said.

The president has had no qualms about threatening to impose import taxes on countries he claims are “taking advantage” of America, often because the U.S. imports more manufactured goods than it exports to given countries, though the U.S. often has a trade surplus with services provided to those same countries as well. Asked by reporters if he’d had any further talks about his plan for the United States to seize control of Gaza and send the territory’s 2.1 million residents to neighboring countries so it could be rebuilt, Trump said there had not been any.

But he said the proposal, which has been flatly rejected by the entirety of the Arab world, has been “been very well received.”. He told reporters that the U.S. would “view it as a real estate transaction, where we'll be an investor in that part of the world,” and said there was “no rush to do anything” with regard to the proposal. He also said American troops wouldn’t be required to take over the territory.

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