Trump to speak with Trudeau, Mexico after imposing tariffs
President Trump said he would speak Monday morning with the leaders of Canada and Mexico after imposing a fresh round of tariffs on imports from those countries and made clear it would take significant action to lift the tariffs.
“They have to balance out their trade, number one. They’ve got to stop people from pouring into our country, and we’ve stopped it. They haven’t stopped it. We’ve stopped it,” Trump told reporters at Joint Base Andrews. “They have to stop people pouring in, and we have to stop fentanyl. And that includes China.”
The president said he will speak with Canadian Prime Minister Justin Trudeau, as well as Mexico leadership, not specifying who, on Monday morning.
“I don't expect anything very dramatic. We put tariffs on. They owe us a lot of money, and I'm sure they're going to pay,” he said.
Trump on Saturday 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. The move led to swift responses from all three nations, including Canadian Prime Minister Justin Trudeau on Sunday night saying that Canada would impose 25 percent tariffs on more than $100 billion in U.S. goods.
Asked if he was considering responding to Canada's retaliatory tariffs, Trump suggested it was possible.
“It’s been a one-way street. We subsidize Canada to the tune of about $200 billion a year. And for what? What do we get out of it? We don't get anything out of it,” Trump said. “Something is going to happen there. If they want to play the game, I don't mind, we can play the game all they want. Mexico, we’ve had very good talks with them.”
Mexican President Claudia Sheinbaum said in a post on X in Spanish that her team was working on a response that included measures to defend her country’s interests, though specific steps were not immediately clear. And, China’s Ministry of Commerce said it would file a legal case against the United States at the World Trade Organization.
Trump also suggested he could impose tariffs on the European Union (EU), and potentially the United Kingdom, after he has threatened to do so if they don’t purchase large quantities of American oil and gas to make up for its growing deficit with the U.S.
“The UK is way out of line, and we’ll see. The UK, but European Union is really out of line. UK is out of line but I’m sure that one, I think that one can be worked out. But the European Union, it's an atrocity what they've done,” he said on Sunday night.
The EU purchases the lion’s share of American oil and gas and no additional volumes are available unless the U.S. increases output or volumes are re-routed through Asia, Reuters reported, citing U.S. data.
Experts have repeatedly warned that tariffs could lead to higher costs that companies will pass onto consumers.
The Tax Foundation, a nonpartisan think tank, estimated Trump’s tariffs announced Saturday would result in what amounts to an average tax increase of $830 per household in the U.S.
“We may have short term a little pain, and people understand that. But long term, the United States has been ripped off by virtually every country in the world,” the president told reporters, echoing comments from earlier in the day. “We have deficits with almost every country, not every country, but almost, and we're going to change it. It's been unfair.”
Topics
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Why Trump Is Imposing Tariffs on Mexico
Mr. Trump is trying use tariffs to force Mexico to better guard its border with the United States, but Mexican officials say the tariffs will only hurt both countries.The New York Times - 1d -
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Trump says that he is rolling out 25 percent tariffs on Mexico and Canada and 10 percent on China. These big tariffs could impact the prices people pay for everyday items. NBC’s Yamiche Alcindor ...NBC News - 1d -
Trump to impose tariffs on imports from Canada, Mexico and China
US neighbors hit with 25% tariff and China with 10% as Trudeau pledges ‘forceful but reasonable’ response. Donald Trump has vowed to impose sweeping tariffs on Canada , Mexico and China ...The Guardian - 2d -
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President Trump told reporters that tariffs he planned to impose on Canada, Mexico and China were not a negotiating tool and that there was nothing the countries could do the night before their ...NBC News - 2d -
Trump tariffs live: US president will impose tariffs on Canada, Mexico and China from Saturday, White House says
Press secretary Karoline Leavitt announces Trump will impose tariffs of 25% on Canada and Mexico and 10% on China. Trump to impose tariffs on imports from Canada, Mexico and China Trudeau: ...The Guardian - 2d -
Trump to impose tariffs on Canada, Mexico and China on Saturday, White House says
The White House said Friday that President Donald Trump would impose a 25% tariff on goods coming to the U.S. from Canada and Mexico and a 10% tariff on those from China on Saturday, a move that ...NBC News - 2d -
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Outgoing Canadian Prime Minister Justin Trudeau says prices for Americans will go up if President Donald Trump follows through with his vow to apply sweeping tariffs on Canadian productsABC News - Jan. 23 -
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The Canadian prime minister reiterated his willingness to retaliate forcefully against U.S. tariffs—perhaps matching with dollar-for-dollar Canadian tariffs.The Wall Street Journal - Jan. 21 -
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The remarks were made to members of the press as the newly minted chief executive offered a slew of executive orders.CNBC - Jan. 21
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