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.
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.
“Canadians are perplexed,” said the country’s U.S. ambassador, Kirsten Hillman. “We view ourselves as your neighbor, your closest friend, your ally.”
By following through on a campaign pledge, Trump may also have simultaneously broken his promise to voters in last year's election that his administration could quickly reduce inflation. That means the same frustration he is facing from other nations might also spread domestically to consumers and businesses.
“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.”
In his Truth Social post, Trump took particular aim at Canada, which responded with retaliatory measures. Trump is placing a 25% tariff on Canadian goods, with a 10% tax on oil, natural gas and electricity. Canada is imposing 25% tariffs on more than $155 billion on U.S. products, including alcohol and fruit.
Trump railed against Canada's trade surplus with the United States: “We don’t need anything they have. We have unlimited Energy, should make our own Cars, and have more Lumber than we can ever use.”
Despite Trump’s claim that the U.S does not need Canada, one-quarter of the oil that the America consumes per day is from its ally to the north.
Trump contended that without that surplus, "Canada ceases to exist as a viable Country. Harsh but true! Therefore, Canada should become our Cherished 51st State. Much lower taxes, and far better military protection for the people of Canada — AND NO TARIFFS!”
Canada’s ambassador to Washington has said the U.S. had a $75 billion trade deficit with Canada last year, but noted that one-third of what Canada sells into the U.S. is energy exports and that there is a deficit when oil prices are high. About 60% of U.S. crude oil imports are from Canada.
Prime Minister Justin Trudeau is encouraging Canadians to buy more Canadian goods, and says Trump's moves will only cause pain across North America. More than 75% of Canada's exports go to the U.S. Canada will first target alcohol, cosmetics and paper products; a second round later will include passenger vehicles, trucks, steel and aluminum products, certain fruits and vegetables, beef, pork, diary products and more.
Canada is the largest export market for 36 states and Mexico is the largest trading partner of the U.S.
Canadians “just don’t understand where this is coming from ... and probably there’s a little bit of hurt, right?” Hillman, the ambassador, told ABC's “This Week” on Sunday.
Mexico's president, Claudia Sheinbaum, also announced new tariffs and suggested the U.S. should do more within its own borders to address drug addiction. She and Trudeau spoke after Trump's announcement and agreed “to enhance the strong bilateral relations” between Canada and Mexico, according to the prime minister's office.
The Chinese government said it would take steps to defend its economic interests and intends to file a lawsuit with the World Trade Organization.
For Trump, the open question is whether inflation could be a political pressure point that would cause him to back down. As a candidate, Trump repeatedly hammered Democrats over the inflation under President Joe Biden that resulted from supply chain issues during the coronavirus pandemic, the Biden administration’s own spending to spur the recovery and Russia's invasion of Ukraine.
Trump said his previous four years as president had low inflation, so the public should expect the same if he came back to the White House. But he also said specifically that higher inflation would stagger the U.S. as a nation, a position from which he now appears to be retreating with the tariffs.
“Inflation is a disaster,” he said at a Philadelphia campaign rally. “It’s a country-buster. It’s a total country-buster.”
Larry Summers, treasury secretary in the Clinton administration, said the tariffs were “a self-inflicted wound to the American economy."
“Inflation might go up over the next nine months by as much ... as 1%, just at a moment when we were trying to bring it down,” he told CNN's “Inside Politics.”
He added that “on the playground or in international relations, bullying is not an enduringly winning strategy. And that’s what this is.” And the ultimate winner, Summers suggested, would be Chinese leader Xi Jinping because “we’ve moved to drive some of our closest allies into his arms” and “we're legitimating everything he’s doing by violating all the international norms that we set up.”
Outside analyses make clear that Trump's tariffs would hurt the voters that he intended to help, meaning that he might ultimately need to find a resolution.
An analysis by the Budget Lab at Yale shows, if the tariffs were to continue, an average U.S. household would lose roughly $1,245 in income this year, in what would be the overall equivalent of a more than $1.4 trillion tax increase over the next 10 years.
Goldman Sachs, in a Sunday analyst note, stressed that the tariffs go into effect on Tuesday, which means they're likely to proceed “though a last-minute compromise cannot be completely ruled out.”
The investment bank concluded that because of the possible economic damage and possible conditions for removal that “we think it is more likely that the tariffs will be temporary but the outlook is unclear.”
Associated Press writer Rob Gillies in Toronto contributed to this report.
© Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.
137 Comments
TaiwanIsNotChina
Surely a man who can't make it through a note card has thought through the consequences. Let the winning commence bigly!!!
plasticmonkey
Meritocracy! She’s the best!
Mad King Donald
GBR48
Because of the tariffs, original and reciprocal, in the Americas, the people of the US, Canada and Mexico will all pay for stuff and the governments of the US, Canada and Mexico will all collect more in tariffs taxes from their citizens. It is a trilateral tax grab. All the citizens lose, all the governments win.
Jay
Argentina under Milei proved in just one year that slashing government bloat, rejecting socialist handouts, and embracing free-market policies can rescue an economy destroyed by Uber Liberal policies and Leftist incompetence. For the last 4 years, America was still stuck with a bloated, corrupt system run by career politicians who bow to globalist elites, Big Pharma, and corporate overlords. If Argentina can turn things around this fast, there's no excuse for the U.S. not to do the same - once that swamp is drained of those who want the country weak, dependent, and sick.
iknowall
The US has been feeling pain for the full four years of the dismal Biden administration.
At least now there is a presidency taking proactive measures to aid the US economy in the short and long term.
plasticmonkey
Elon Musk
TaiwanIsNotChina
I believe you should check out the article about all of the billionaires lining up at the teat.
patkim
Typical deflection of blame and total lack of accountability. I guess we should expect nothing less. Whatever happened to Trump's promise that Americans would pay less for their groceries as soon as he took office?
TaiwanIsNotChina
The US has some of the lowest taxes in the developed world. Also not physically possible for Biden to have destroyed the economy and left the stock market at record highs.
itsonlyrocknroll
President Trump has to be fully transparent with the unpleasant economic side effects.
Cheap imports will be choking off affecting short term retail markets, economic growth could slow, stores could face shortages if immediate domestic substitutes are unavailable, these shortages could be inevitable without subsidises. expect a spike to inflation as some prices will rise.
However, domestic companies will be able to have a fighting chance to counter unfair competition (China)
Expect Increases in demand for domestic goods services There will be a noticeable increase local job growth
Trade deficits will balance.
Most importantly Trump must make a sound case for rules based international trade, support international law through the WTO.
WTO reform should be a close second priority.
There is one question
President Trump motivation has been strongly adherence to address border security controls, control deadly fentanyl smuggling.
I am not so sure, convinced these tariffs will address, have any affect on these important goals.
theFu
Trump is clueless. Canada is working with the US on shared issues. Not giving them a chance is foolish. To be expected from Trump. It isn't Canada's fault for the most part.
Mexico will work with the US, if given the chance. They have big issues with migrants traversing their country, massive drug wars and far too many US created weapons getting into Mexico. What's the US doing to help with those issues for Mexico? If you want a good friend, you need to be a good friend as well. The only people who think of Trump as a good friend are all indicted or convicted. The rest of use think he's a boob.
China tariffs are different. The CCP has been supporting their companies and encouraging corporate theft for decades. They also abuse their "developing nation" status - no country with nuclear weapons or a space program should be allowed to have that status from the WTO. China unleased COVID on the entire world. Tariffs are the minimal that should be done and they should have been done in 2020, to encourage US companies to pull out and move almost anywhere else. I have no issue with having Chinese manufactured things become 20-50% more expensive. It will only help other countries manufacturing to be more competitive - perhaps even the US.
I'veSeenFootage
Impossible! Trump promised to bring down "the price of everything" during his campaign! And everybody knows Trump never lies! Never ever!
lincolnman
Wow, how many campaign promises has this Moron now either broken or backtracked on?
The big question - does he know he's breaking them or is his addled, dementia-riddled mind just forgetting them?
Likely both...
At any rate, get ready for massive inflation and a crashed economy - happens every time we put a Repub in office...then when to try to deflect and distract from that debacle, they'll stumble us into a new war...
Bob Fosse
“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.”
Dog gone! That’s some crazy logic.
Bob Fosse
Argentina didn’t turn things around.
Inflation decreased yes but so did GDP, industrial production, employment, purchasing power and wages whilst poverty increased to the highest rate in 2 decades.
I'veSeenFootage
Wait, are you telling me the lady who likes to shoot puppies in the face... doesn't understand basic economical concepts?! Seems hard to believe.
Underworld
Jay
Well, what Trump is doing is very far from free-market policies and he is going into the old trade war world where everyone loses.
Sanjinosebleed
I wonder how long before The Donald rescinds this move like the USAID back down…
Definitely The Donald likes to act first, think later….
Underworld
itsonlyrocknroll
His fellow Republicans hate the idea of tariffs. It's a tax from a party that is anti-tax. And it's inflationary. After talking buig about high gas prices and he will lower them, this will do the opposite. And his team knows it because the reduced the gas tariff to 10% from Canada.
China isn't unfair competition.
There aren't any domestic goods to compete. For example smartphones. Nobody will produce those domestically.
Who cares? This isn't important.
Well he's doing the opposite. He's probably breaking half a dozen WTO rules already with this.
The WTO doesn't need to be reformed. Especially in the direction that Trump is moving.
There is one question
That's what he says, but it's wrong.
Correct. They won't.
lincolnman
And the screams of pain you hear are from all the MAGA-little guys who now realize they've been played for a sucker and a fool...
Except for our MAGA-friends posting here - they'll totally flip on all their previous comments - and say that's why they voted for Trump - to RAISE inflation and prices...along with PROTECTING abortions and INCREASING immigration...
wallace
Trump promised to lower the cost of living. How is that going?
patkim
Not only is Trump's trade war increasing costs to consumers, but is also creating hatred amongst some of America's closest allies and will ensure noncooperation in the future. As much as he wants "America to be great again", creating enemies is not the way to go. It's how a bully works.
bass4funk
Yes
PavlovaLover
Trump is exacting his revenge on the people of the United States for not re-electing him in 2020.
Ah_so
For decades it has been understood that free trade is what makes everyone better off overall, especially between developed economies.
Donald Trump doesn't understand this and torching deals in place to make both his own country and the US's closest ally poorer.
And in the short-term it's going to feed into inflation - the one thing Trump promised to reverse.
But the MAGA cult would rather be poorer rather than admit they elected an idiot.
bass4funk
Well, there you go. That’s like a pilot promising there won’t be any turbulence when you fly, it’ll be bumpy for a bit, after that, smooth soaring.
dbsaiya
I've been working in international logistics for over 30 years and people should know that unless the tariffs are paid, the cargo will not be released to the importer (consignee). If the cargo is not released, demurrage or additional late pick up fees also accrue. In order to avoid all of the extra cost, the importer will pay to receive their cargo. The cost will eventually be passed onto the consumer or absorbed by the importer, but rarely will they demand that the exporter pay. Why? Because it takes time and money to establish a smooth and reliable supply chain, especially if the supplier is overseas. In this case, the supplier or exporter will simply say, your government imposed the tariffs, not us, deal with it. trump doesn't know what he's talking about and even during the election, Nobel economists were saying that his tariff policy would exacerbate inflation.
bass4funk
November, he’s fixing the injustices other countries have done to us to decades, I’m happy for once we have a president that’s telling these nations, no more.
lincolnman
Price of a dozen eggs in the US: $9.39...
Price of a dozen eggs in Canada: $2.62...
https://www.yahoo.com/news/people-cannot-believe-price-eggs-130002510.html
So much for "I'll lower egg prices on Day #1"....
Welcome to MAGA-backflip and inflation world...
BB
"In the worst-case scenario, when shoppers don’t substitute for US-made goods and 100% of the tariffs is passed onto consumers, the potential economic impact could work out to roughly $835 per person, or $3,242 for a family of four, according to ING estimates based on the latest quarterly trade data."
Peter Neil
canada needs to increase the price of its oil. it hovers about $20 less per barrel than the global market. it also needs to open up to selling to customers other than the u.s.
trudeau and gang in parliament blocked exports to other countries. the u.s. has been getting a sweetheart deal. it needs to end. america is not your sweetheart, and trump is not your daddy, canada.
ontario is taking all american alcohol off the shelves. there goes $1 billion in sales this year.
the wall street journal summed it nicely, saying that it’s the dumbest tariffs in history.
and trump doubling down, saying he won’t take the tariffs off until canada is the 51st state makes it even dumber.
john wayne also summed this trumpism up nicely: life is hard. it’s harder when you’re stupid.
or elect someone stupid…
Bob Fosse
“Outside analyses make clear that Trump's tariffs would hurt the voters that he intended to help”
Can’t make an omelette without breaking a few eggs. Well, one egg. They’re expensive.
wallace
Trump promised lower taxes, not more pain.
Underworld
bass4funk
Trump is exacting his revenge on the people of the United States for not re-electing him in 2020.
What injustices do you talk of?
itsonlyrocknroll
Underworld
Please, China isn't unfair competition?
Do I really have to spell it out, link after link?
SECTION 2: Challenging China trading practice
https://www.uscc.gov/sites/default/files/2022-11/Chapter_2_Section_2--Challenging_Chinas_Trade_Practices.pdf
FACT SHEET: President Biden Takes Action to Protect American Workers and Businesses from China’s Unfair Trade Practices
President Biden’s economic plan is supporting investments and creating good jobs in key sectors that are vital for America’s economic future and national security. China’s unfair trade practices concerning technology transfer, intellectual property, and innovation are threatening American businesses and workers. China is also flooding global markets with artificially low-priced exports
https://www.commerce.gov/news/fact-sheets/2024/05/fact-sheet-president-biden-takes-action-protect-american-workers-and
Underworld don't fall into the trap of becoming a government of China boot licker propagandist
I have more than enough expert knowledge and experience of the government of China subsidises to Shanghai companies, the dogged insistence we transfer our prised hard graph development technologies for a short/medium term investment offer.
President Biden worked this out, so you have no excuses, my friend.
ThePunisher
I hope the tariffs cause pain and struggle for the average American. Particularly all those who voted for Trump.
They are reaping what they've sown. Fully deserved.
wallace
Trump rips up decades-old trade agreements and free market capitalism.
bass4funk
Then we can do the same with Pharmaceuticals Canada imports many life-saving drugs, vaccines, and medical devices, you know the machines that monitor and keep you alive. Then there are the vital things like GE and Maytags so go for it. We can do the same, and more money to sustain it.
Well, then let’s see how well they do with all the Boeing aircraft, aviation electronics, they have and aerospace components and parts that are significant imports that they need and then there’s the financial service industry provide Canada’s banking, insurance, and investment services crucial to Canada economy, either way, they will fold eventually not even worried about that, but this is fun and interesting, I must admit it.
That’s Zelenskyy money right there
Well, the liberal editorial opinion board loons can say that all day long, fine
Canada won’t be able to sustain this for very long
Naw, stupid were the previous Presidents that did the LA County, turn around and cough.
bass4funk
So be it.
We will be fine.
Indeed
Tokyo Guy
He means people who aren't rich enough to deserve my consideration could "feel some pain"
Tokyo Guy
So be it.
There's MAGA thinking in a nutshell: if it's for the glory of Trump, the average citizen can suffer for all I care.
bass4funk
While the United States is the largest economy in the world, only 17% of our goods are imported. It seems like we import much more than that, but the statistics don't bear that out. What we import the most of are cheap low-quality good. The balance of tariffs remains steeply within our favor. We'll gain more from tariffs than we'll lose.
ThePunisher
Of course "you'll be fine". You don't live in America.
Ah_so
If anyone in the teaching game ever wants to explain the idiom to cut off your nose to spite your face, Trump's tariffs on goods that the US needs are probably as good an example as you could find.
Peter Neil
wallaceToday 08:05 am JST
lower taxes for corporations and the rich. pain is for the little people.
Bob Fosse
WSJ is now a liberal newspaper after saying something critical? Oh boy.
itsonlyrocknroll
There will some short term pain, no doubt for all sides, I suggest this is necessary, long overdue, for the medium term wake up call for top to bottom WTO reform.
For the sustained support for a international rules based trade structure every sector.
Trump must double down, stand his ground, focus on change, Europe next.
bass4funk
The average citizen has been suffering for 4 years, amazing how now libs are concerned about that.
wallace
The US is the world's largest importer of goods. In 2022, the US imported $3.2 trillion in goods.
"Topping the list of US imports is machinery that cost more or less $475.9 billion in 2023. Major suppliers of machinery and equipment, including computers, hardware components, and industrial machinery are China, Mexico, Japan, Canada, and Germany."
Bob Fosse
Using life saving drugs as a bargaining tool?
Real classy.
kwatt
Some pain? it may be more pain than he anticipates.
bass4funk
That is not what I said, always over-reactionary, relax, calm down and re-read what I wrote, take your time and come back at me.
quercetum
Not necessary. It has to be in dollar USD otherwise it will not make everyone better. The Korea Japan China free trade initiative was axed for this.
Donald will raise tariffs against countries trying to move away from the dollar.
bass4funk
But I have family and friends, they seem to be taking it in stride.
bass4funk
Our allies ripping us off is classy as well.
quercetum
Will this pain make American greater? If so what’s a little pain?
wallace
Trump imposes huge tariffs and his MEGA base has no choice but to go with it and defend it.
Tokyo Guy
Thing is, this is only surprising to the people who voted for him.
All the rest of us could have told you this before you put in your spite vote. We could have told you that he would abandon you the moment he got into office because he was buddying up to the uber-rich.
quercetum
What’s wrong with suffering to make your country great again? Let along “a little.” You can’t suffer “a little?”
bass4funk
No, don’t do that! Of course we have a choice. He always said that he would and could possibly do this, I was happy then and even happier now that he’s doing this, so I’m not surprised because I had hoped for this, if not, I wouldn’t have voted for the man.
Peter Neil
some people must not understand that canada can choose what it puts tariffs on.
that’s the difference between smart and stupid. you put tariffs on the things you can find substitutes for and not on everything.
you don’t have to put tariffs on drugs.
immediate u.s. tariffs on wood when it would take a year or more to build the infrastructure for all domestic wood, if you could even find the people to do it, is stupid.
american companies have been pre-loading inventories for months now, in case stupid trump did this. they have several months of inventory, but will raise prices immediately, even though they didn’t pay increased tariffs. mo money, baby!
they know the average consumer is a moron.
they will also continue to buy most things they’re buying now with the tariffs. what are you going to do, stop eating, stop driving, stop using electricity and stop building houses?
well, stop eating might be a good idea.
”these 44” waist pants feel so good, i think get the 46’s.”
bass4funk
Just wait until we start pumping oil and natural gas again. There’s no way Canada, or any other country in the world for that matter, will be able to keep up with our economy. Good luck finding alternate customers for all your goods.
patkim
The increase in costs may not affect the very wealthy, but it will affect the middle to lower classes. Many of them make it from paycheck to paycheck, sometimes being a bit back on their rent money. So glad I live in Japan, where there are actually such a thing as 500 yen bentos. In the U.S, 5 bucks can't really buy you a meal. Even McDonald's is pretty high. Gas is even higher back home, and seems like it will go higher as a result of this trade war. We complain about 200 yen for ten eggs in Japan, but in the U.S. I've seen eggs as high as 8-10 dollars for a dozen. Wow!
bass4funk
Obviously Canada would have a trade deficit with us, their economy is the size of some of our state economies. It's completely unrealistic that they would ever have an equal out as in. They will never be able to afford the same level of American products with the dollar at such a high value. And there are plenty of countries that will love to fill any voids Canada and Mexico leaves open. Remember Canada, once jobs leave they are really hard to get back, I have noticed an influx of Canadians moving down to Florida…
Underworld
quercetum
There's MAGA thinking in a nutshell: if it's for the glory of Trump, the average citizen can suffer for all I care.
That would be OK if it made their country great. This is doing the opposite.
dobre vam zajebava
quick look at bank rates this early morning USD going back close to 155JPY and may rose more as soon as japanese banks will reopen for business after 10AM.
good news for foreign tourists and japanese exporters,for rest...you know what I mean
proxy
@bass4funk
Canada buys 17% of all US exports, making Canada poor will kill off 17% of US exports. Everything the US produces is available or will be made available at lower costs from another country that wants Canada's business.
GuruMick
Bass...Canada has the trade surplus with the USA
And you can google what America imports from Canada and the world.
No. Not all cheap stuff as you said.
MAGA sees things as they want and imagine them.....it is not realistic.
wallace
The US cannot easily or quickly find alternative supply sources for the important Canadian imports.
plasticmonkey
That is cartoonishly naive.
bass4funk
And the other way around
Quite the opposite, but if Canada, can think thru can sustain it, go for it.
bass4funk
Not plane and car parts, not pharmaceuticals, not electronics. Again, they want to go this route, then fine.
GuruMick
I foresee a war or invasion soon as a distraction
Seapig
Bass4funk
Except when crashes the plane.
Family, perhaps, but please do keep us posted on how well the “seem” to be taking it as things move forward.
VoiceOfReason
Man, people here who think any individual can bring down costs within a span of weeks don't know basic economics and are incredibly deluded. It's just people wanting any excuse to bash Trump.
If someone said, "hey, if I give you a cold for the short term you will develop an immunity for a longer term,* most of us would take that deal. This is no different.
Jimizo
This idea that ‘tariff’ is the most beautiful word in the dictionary may not be on the mark for struggling people.
Perhaps Trump stuffing his government with those hated ‘elites’ might not see too much understanding or even care for the people who’ll get hit hardest.
Let’s hope people don’t suffer.
proxy
@bass4funk
Plenty of cars and airplanes to be imported from elsewhere and the EU produces more than half of global pharmaceuticals. Pretty sure Vietnam can supply electronics.
patkim
No they are not. I have many Canadian friends who I've met here in Japan when they were teaching here, and then went back to Canada. All of them have said they hate Trump and can't understand how such a person could become president, and none of them said they are moving. And none of their friends who are on Facebook have said anything like that as well. Canadians, at least the ones who were born and raised there, are a proud people. They love their land and the wilderness it offers. I sincerely doubt they would move because of a trade war.
GuruMick
Voice....only MAGA and Trump are saying the tariffs are a good idea.
No other country agrees with this.
Name ONE THING where Trump was right and the rest of the planet wrong ?
proxy
@patkim
Canadians have been selling US properties since November.
Jimizo
Yes, it is.
One is based on medical evidence.
The other is more like a gamble.
This matters.
RichardPearce
So, did you hear the one about the loudmouth who walked into a quiet bar, saw a dei guy and a girly man sitting at a table for 3, and shoved the table at them...and the dei guy sitting at the next table.
Turned out the 'girly man' had actual experience in the boxing ring, and the dei guy helped by hitting the loudmouth from the other side. Oh, and the other DEI guy is taking the loudmouth to court for assault.
As for the loudmouth, well, he's warning his family their going to be facing financial difficulties.
proxy
Good bye John Deere, hello Claas. JD is already overpriced in Canada so farmers have been migrating to other machinery not made in Illinois to brands like Claas and Fendt. A rising USD seals the deal, buh buh John Deere.
lincolnman
Well I'm confused...after telling us that Trump is a genius and every word he says is the gospel truth, NOW they tell us he "doesn't know basic economics and is incredibly deluded"...
"In August 2024, then-candidate former President Donald Trump delivered a press conference surrounded by packaged foods, meats, produce, condiments, milk and eggs. “When I win, I will immediately bring prices down, starting on Day One,”
So MAGA-fans - how deluded was that statement?
Cold? Immunity? So I assume you "took the deal" on the COVID vaccine Trump said was "safe and it works"?
Or was he "deluded" when he said that too?
beentofivecontinents
There will be pain for most in the US, Canada and Mexico--especially for those in Red States in the US. The person responsible for the pain will have no lack, though and will continue to gorge.
Pwayop
I've told the 3 supermarkets that I have used for 30-odd years that I will not be buying US meat and the supermarket should consider doing the same. The same goes for flour and canned goods.
Easy.
Ken
Other countries don't follow the same laws, someone of her position should know that by now
Yrral
You would have to be coward to fear insecure Trump
iknowall
A great relief for the American people to have a proactive president who understands the issues and offers transparency to his policies, which are already having a positive effect on the safety and security of the American people.
RichardPearce
Bass, yes, there are Canadians who move to the hot parts of the US, but most of them also make sure to be back in Canada often enough not to get stuck with no alternative to the poor American health care system.
Meanwhile, in multiple places, American health care providers depend on people who live in Canada to cross the border to keep their operations going.
wallace
Justin Trudeau will declare the US to be Southern Canada now. Working with the Brits to take the country back.
Peter Neil
europe and asia have plenty of medical machines. you probably don’t this, but japan makes many of the medical devices nameplated for big suppliers in the u.s. and europe.
and pharmaceuticals and vaccines are available worldwide.
you think boeing is going to stop selling parts to canadian customers? lol. they’ll go into canada without any tariff.
just because trump is an idiot, doesn't mean others are.
drill, baby, drill.
it’s been explained over and over that american oil is mainly used for export. canadian, mexican and other south american oil is used by u.s. refineries for gasoline, plus other products like diesel and aviation fuel.
oil companies have already set their plans for this year to reduce u.s. drilling because it’s not needed.
economics drives business decisions, not fanciful hallucinations by a deranged old, orange man.
ArtistAtLarge
Some pain? Understatement of the year.
So far.
Blacklabel
If US tariffs supposedly cause pain to Americans then Canadian tariffs would cause pain to Canadians.
yet Canada just used tariffs too. Why?
RichardPearce
If you live in Japan (and, really, anywhere else that exports to the United Hates of America) as the failure of these tariffs to do what Trump promised becomes apparent, don't assume that Trump will take the loss. Unless someone is literally looming over him telling him that his idea not only has turned into a disaster, that him doubling down will have CALAMITOUS effects, and that if Trump orders a doubling down, he would make it his mission to make EVERYONE know that it was all Trump's fault, Trump will double down, and Japan will face tariffs, too.
geronimo2006
The economic chaos Trump is creating is planned and purposeful. It is designed to sow discontent, create an economic emergency and provide distraction. He has started to purge the US government and replace it with MAGA loyalists. Next will be repression of opposition as part of the blame game. Straight out of the playbook.
Burgerland
" In the U.S, 5 bucks can't really buy you a meal. Even McDonald's is pretty high. Gas is even higher back home, and seems like it will go higher as a result of this trade war. We complain about 200 yen for ten eggs in Japan, but in the U.S. I've seen eggs as high as 8-10 dollars for a dozen. Wow!"
$8-10 is too expensive for eggs. 4 years of Biden/ Harris to thank for that, my US friends told me. Sounds right.
TaiwanIsNotChina
Standing up to bullies is important. That is an example of short term pain for long term gain.
GuruMick
Panama just had a Rubio visit.
Lots of demands made.
Look to US taking canal by force.
Promises made...oh crap....
iknowall
Canada is telling its people to stop buying oranges from the US.
Americans should do the same regarding oranges from Canada.
Ken
Because they are doing it out of defense, and it's just the US that gets hurt more from both tariffs, Canada doesn't get hurt as badly from this it's a pressure tactic and serves no logical useful reason and Canada can see thru the BS
wallace
BlacklabelToday 10:00 am JST
American tariffs across the board and on all goods.
Canadian tariffs only on American goods when there are Canadian alternatives.
Peter Neil
BurgerlandToday 10:02 am JST
no, thank avian flu.
Blacklabel
Canada/Mexico: we are your friends and allies, how can you do this to ussssss?
USA: ok please secure both borders and stop your illegals and your drugs coming in to our county.
them: well, that’s your problem actually not ours.
USA: ok that’s how we can do this to you, “friend”.
Harry_Gatto
Interesting to note that the major producers of pumpjacks/nodding donkeys which pump the oil up out of the wells are located in Canada and China.
Tokyo Guy
If US tariffs supposedly cause pain to Americans then Canadian tariffs would cause pain to Canadians.
If I threaten to punch you in the face, that would cause you pain if I actually did it. However, if you had any sense of defending yourself, you would threaten to hit me back, which would cause me pain if you did it.
Who made the initial threat? Hint: it wasn't Canada.
bass4funk
If it crashes
Yes, sir.
Blacklabel
so short term pain for long term gain IS fine! Interesting.
thanks for your support of an example of what Trump is doing.
JJE
Decent people have been ravaged and ruthlessly abused for four square years by Bidenomics and inflation economy he caused and took pride in.
Change is coming and help is on the way. Mr Summers is a joke - a whole 1%.
lincolnman
Canada has been America's stalwart ally for over a century...
During the cold war, the US and Canadian militaries worked side-by-side at NORAD and that continues today under NORTHCOM...
No two economies are more intertwined...go to Detroit/Windsor Ontario and you'll see massive amounts of raw materials going back and forth across the border - the auto industry has plants and suppliers on both sides...
Trump levels elementary school insults at Trudeau yet calls Putin a "genius"...
The Felonious Fool's utterly absurd and ham-fisted economic policies will do to the US economy what he did to six of his businesses - one a fail-proof casino...he'll bankrupt it...
Blacklabel
bad analogy. The left claim is that Trump is hurting the American people by the tariffs- not Canada.
if so why would Canada do…the same thing to their people in response?
So now it’s that Canada isn’t really doing tariffs back, just a few insignificant things, yet saying it’s an equal response?
so it’s not an equal response?
bass4funk
Great, so Canadians can pay extra taxes as well as the cost of the tariffs.
Yes, so if that’s the case, Canada could have imported from those countries a long time ago, but they didn’t because they could save millions domestically, gotcha!
If Canadians want to pay a higher cost for the parts, fine by me, whatever gets the job done
If you think…
If he’s an idiot, no need for the Canadians to panic
Sorry, Canada imports primarily consist of light crude oil, which complements Canada heavier domestic crude. The imported light crude is essential for blending purposes and is particularly suited for refineries in Eastern Canada, that blend enables the production of a broader range of refined petroleum products, ensuring that Canada’s energy needs are met efficiently, again, Canadians can play the short immediate game, but will never be able to play the long game.
Wrong again. Canada’s oil consumption has remained relatively stable, averaging around 2.5 million barrels per day (b/d) in recent years. Given this trend, it’s reasonable to estimate that Canada’s oil demand in 2025 will be approximately 2.5 million b/d.
Bingo, that’s gotcha number two!
Tokyo Guy
bad analogy. The left claim is that Trump is hurting the American people by the tariffs- not Canada.
The title of this article is "Trump says Americans could feel some pain from his new tariffs".
Trump's "the left" now?
R B Quinn
This convicted felon is clueless about simple economics …. what a poor excuse of a “leader”.
Blacklabel
Now that I hear Canada is only really doing tariffs on a very few things?
it might cause “1%” inflation over many months?
it could be like $1000 cost per family if it lasts a year?
I’m even more for any risk of this to stop our “friends” from thinking it’s ok to take advantage of us.
Canada will cave in weeks, not months. Mexico sooner. Then the media will need to write how they actually “won” by caving.
plasticmonkey
Once you stop thinking about economics as a zero sum game (and get beyond prep school debate team sophistry), you will easily see why.
bass4funk
No, never said that, they would just try and sneak it in and people just had to deal with it.
rainyday
Yes, go after those Canadian oranges, that'll show 'em.
stormcrow
Elections have consequences.
We’re about to be given a lesson.
Blacklabel
You: i totally know why, and could easily explain such a low level concept- but im just not gonna tell you, cause reasons.
just like Canadian goods- we not buying that!
bass4funk
If that were true he wouldn’t be a billionaire
Peter Neil
bass4funkToday 10:24 am JST
please read what i wrote again slowly. then read what you copied and pasted from somewhere.
you don't write like that, and it has nothing to do with what i wrote.
Jay
No Blob, Argentina absolutely DID turn things around - just not in the way loony left socialists like to measure success. Inflation was strangling the country, and Milei took a sledgehammer to the bloated, corrupt system that caused it. Yes, there's short-term pain - reversing decades of economic mismanagement ain't magic - but stabilizing the currency and slashing government waste are the only paths to real recovery. GDP dips when you cut out useless government spending, and industrial production was never sustainable under Argentina's socialist welfare model. As for poverty - funny how it skyrocketed under the previous leftist government, but now it’s suddenly Milei’s fault? Sorry, but the difference between REAL economic reform and socialist fantasy is that one actually works in the long run.
tamanegi
Go President Trump!
TaiwanIsNotChina
That might be true of Mexico but it absolutely is not true of Canada.
Garthgoyle
First, he was all about banning TikTok coz the app is a danger to Americans. But all of a sudden with no explanation he's like, TikTok is great.
And now, he's making a trade war with its allies within North America.
Russia and China (which by the way only gets 10% tariff why) must be very happy with their new ally.
Deo Gratias
Canada, Mexico, and China have been flooding fentanyl and other drugs into the United States.
Canada and Mexico have not been working with the United States to keep their borders closed.
So, tariffs are a perfectly fine strategy by President Trump to defend the American people. This is undeniably a national security issue, and a public health and safety issue.
The lame-duck Canadian prime minister announced retaliatory tariffs -- but then announced a three-week delay on them.
Now he's voicing a desire to reach a deal with Trump, perhaps even within a week.
This can only mean that this "trade war" will hurt Canada more than it will hurt the U.S. -- a lot more.
Which is why Trudeau is showing indications of soon folding like a cheap suit.
Trump just keeps piling up the W's. I'm loving this.
Tokyo Guy
People who actually know what they're talking about are advising that all this tariff stuff could cause an....interesting...opening on the stock market. Given that the performance of the stock market, rather than the wellbeing of the country, is Trump's biggest motivation, we might see some interesting volte-faces in the coming week.
geronimo2006
Trump is not using tariffs as leverage in negotiations. He was not taking Trudeau's repeated calls over the weekend. His intention is to cause economic pain to force submission. This is not about fentanyl, immigrants or economics. It's all about Trump's ego.
MSweet
But I’ll wager he’ll do a great job of driving them up in an even shorter span!
It’s Trump that doesn’t seem to understand basic economics!!!
Blacklabel
cause we totally don’t do things if they make the stock market open down on one day?
buying opportunity, hope all the leftists panic and sell.
More for me to buy cheap for when it goes back up the next day.
Blacklabel
so Justin wants to talk? About what? He has a counter proposal or just calling to whine?
Blacklabel
and then posters here already admit it’s only tariffs on a few things that Canada had plenty of already. While USA tariffed everything.
so it’s a non equal response. Can’t even call this actual retaliation, it’s more like just a reaction.
GuruMick
On the drugs flooding in issue...tariffs have zero to do with this.
I believe large quantities come by ship , hidden in containers...the receiving nation is responsible for checking this.
Why do US people consume so many drugs and thus provide a huge market ?
Isnt the USA the greatest nation on earth ?
Something rotten in the States ?
grc
Sorry, how will Canada becoming the 51st state reduce its taxes? The uppermost US tax bracket is higher than Canada’s; social security contributions are highe; a number of US states have a sales tax which is higher than Canada’s GST; the US has an inheritance tax on large estates, Canada doesn’t
Ken
Musks idea of saving money was taking over Canada by force or something? They definitely can't afford it
bass4funk
Exactly.