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Donald Trump said tariffs on key commercial nations are necessary to make the United States great again.
The president of the United States, Donald Trump, speaks with the press after signing an executive order in the Oval Office of the White House in Washington, DC. (Image: AFP)
President Donald Trump said Sunday that Americans can feel the economic “pain” of their tariffs to key commercial partners, but argued that the price would be worth it to ensure the interests of the United States.
On Saturday, Trump finally signed with 25 percent threatened tariffs in neighboring Mexico and Canada, despite sharing a free trade pact, and hit China with a 10 percent rate in addition to the levies already promulgated.
The measure caused immediate retaliation votes, while analysts warned that subsequent commercial war would probably reduce the growth of the United States and raise short -term consumer prices.
“Will there be any pain? Yes, maybe (and maybe not!), “Trump wrote on Sunday morning in all CAPS on his real social networks.
“But we will make the United States great again, and everything will be worth the price to be paid,” he added.
On Friday, the editorial board on the right of the newspaper Wall Street Journal criticized Trump’s proposed tariffs in an article entitled “The most silly commercial war in history.”
Trump applauded on Sunday, saying: “The ‘Tariff Lobby’, headed by the globalist, and always wrong, Wall Street Journal, is working hard to justify … the scam of decades in the United States, both with respect to trade, the crime and poisonous drugs. “
For a long time he has denounced the United States commercial deficits as a sign of other countries that take advantage of Americans.
“Those days end!” He said.
In a separate position, Trump called Canada again to become a state of the United States, further increasing tensions with one of the closest allies in his country after hitting him with heavy tariffs.
While the United States pays “hundreds of billions of dollars to subsidize Canada,” Trump said, “without this massive subsidy, Canada ceases to exist as a viable country.”
“Therefore, Canada should become our appreciated 51st state,” he wrote about Truth Social, claiming that the measure would bring “much lower taxes and a much better military protection for the people of Canada, and without tariffs!”
The United States Census Office listed the 2024 trade deficit in goods with Canada as $ 55 billion.
(This story has not been edited by News18 staff and is published from a FEED – AFP union news agency)
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