Trump brings major tariffs despite short-term economic risks


Listen To Story Above

Trump imposed sweeping tariffs on imports from Canada, Mexico, and China this Saturday, defending his decision despite potential economic repercussions. The former president maintained that any short-term challenges would ultimately benefit the nation.

“This will be the golden age of America! will there be some pain? Yes, maybe (and maybe not!). but we will make America great again, and it will all be worth the price that must be paid,” Trump, 78, wrote on Truth Social Sunday in all capitalization.

“We are a country that is now being run with common sense — and the results will be spectacular!!!”

The implementation of these tariffs follows Trump’s previous ultimatum to these nations, demanding action on the fentanyl crisis. Additionally, he had insisted that Canada and Mexico enhance their efforts to combat illegal immigration.

These three nations represent America’s most significant trading relationships, making the impact of these tariffs particularly noteworthy. The deadline for meeting Trump’s demands expired on Saturday, and finding their responses inadequate, he proceeded with the tariff implementation as threatened.

A long-time proponent of tariffs, Trump dismissed his critics, particularly targeting what he termed the “tariff lobby.” He challenged free trade advocates, suggesting their policies had enabled other nations to exploit the United States, leading to increased crime and drug trafficking.

In his characteristic style, he concluded his message with an emphatic “Those days are over!”