Trump Says Americans Could Feel ‘Some Pain’ From His New Tariffs That Are Triggering a Trade War

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    PALM BEACH, Fla. (AP) — President Donald Trump said Sunday that Americans could feel “some pain” from the emerging trade war triggered by his tariffs against Canada, Mexico and China, and claimed that Canada would “cease to exist” without its trade surplus with the United States.

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    “Canadians are perplexed,” the country’s U.S. ambassador said. “We view ourselves as your neighbor, your closest friend, your ally.”

    The trade penalties that Trump signed Saturday at his Florida resort caused a mix of panic, anger and uncertainty, and threatened to rupture a decades-old partnership on trade in North America while further straining relations with China. But by following through on a campaign pledge, Trump may have simultaneously broken his promise to voters in last year’s election that his administration could quickly reduce inflation.

    “WILL THERE BE SOME PAIN? YES, MAYBE (AND MAYBE NOT!),” Trump said in a social media post. “BUT WE WILL MAKE AMERICA GREAT AGAIN, AND IT WILL ALL BE WORTH THE PRICE THAT MUST BE PAID.”

    His administration has not said how high that price could be or what improvements would need to be seen in stopping illegal immigration and the smuggling of fentanyl to merit the removal of the tariffs that Trump imposed under the legal justification of an economic emergency. The tariffs are set to launch Tuesday.

    “If prices go up, it’s because of other people’s reactions to America’s laws,” his homeland secretary, Kristi Noem, said on NBC’s “Meet the Press.”

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    43 Comments
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    Bob
    Bob
    16 days ago

    This is how a man runs the country. He tells you when he thinks a policy of his will cause some short term pain for long term gain. And then he does it. Strong contrast to Biden, who’s every policy was supposed to be all gain no pain.

    Common Sense
    Common Sense
    16 days ago

    This shows what an idiot Trump is. Every economist, every business leader, every labor leader has said this is a disaster which will hurt the economy badly. But Trump is smarter than anyone else.

    qwzxc
    qwzxc
    15 days ago

    This is the way a convicted criminal ruins a country. All those who voted for him better be happy with the economic pain he is causing. Then you will have more economic pain when he destroys your healthcare and all the farms and businesses that had immigrant labor.

    Robert Goldman
    Robert Goldman
    16 days ago

    Naw we’re already numb from what O’Biden and Co did so …..

    Educated Archy
    Educated Archy
    16 days ago

    I warned you all trump would cause inflation. So far it’s worth it for Isreal. But this crazy man is not free. We will have to pay for it