Trump says potential pain caused by tariffs ‘worth the price that must be paid’

鬼百合

One day we will wake to his obituary :-)

PALM BEACH, Fla. — President Trump on Sunday defended his decision to impose sweeping tariffs on the United States’ top three trading partners, even as he acknowledged there may be “some pain” caused by the economic fallout.

Trump took to Truth Social Sunday morning after he signed off on 25 percent tariffs on Canada, 25 percent tariffs on Mexico and 10 percent tariffs on China, which appear likely to set off a significant trade war. Trump hit back at critics and argued the decision was necessary because of “major” trade deficits with those countries.


“The ‘Tariff Lobby,’ headed by the Globalist, and always wrong, Wall Street Journal, is working hard to justify Countries like Canada, Mexico, China, and too many others to name, continue the decades long RIPOFF OF AMERICA, both with regard to TRADE, CRIME, AND POISONOUS DRUGS that are allowed to so freely flow into AMERICA,” Trump posted from his Mar-a-Lago estate. “THOSE DAYS ARE OVER!”

Trump argued if companies made their products in the United States, there would be no tariffs.

“This will be the Golden Age of America!” Trump continued. “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. We are a country that is now being run with common sense — and the results will be spectacular!!!”

Trump in a subsequent post claimed the U.S. does not need any Canadian products and suggested Canada “should become our Cherished 51st State.” Canadian officials have repeatedly rebuffed Trump’s suggestion that the U.S. could annex Canada.


The president on Saturday signed tariffs on Mexico, Canada and China that are set to go into effect on Tuesday. Canadian energy imports will only be tariffed at 10 percent. The orders Trump signed do not contain exceptions, and they include a clause that warns Trump may increase the tariffs if each country retaliates.
 
Americans did not sign on for a decade of pain, for trump's supposed "golden age." Republicans are going to be killed next election.
 
Where did you get the ten years of pain, Walter?
Building a supply chain takes decades, so we are probably talking about a couple of decades of pain... Followed by a century of pain, if Brazil or India are any clue.
 
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