{"id":1793,"date":"2025-02-03T06:04:36","date_gmt":"2025-02-03T07:04:36","guid":{"rendered":"http:\/\/developeternal.com\/?p=1793"},"modified":"2025-02-03T07:29:49","modified_gmt":"2025-02-03T07:29:49","slug":"tariffs-could-cause-some-pain-trump","status":"publish","type":"post","link":"http:\/\/developeternal.com\/index.php\/2025\/02\/03\/tariffs-could-cause-some-pain-trump\/","title":{"rendered":"Tariffs could cause \u2018some pain\u2019 \u2013 Trump"},"content":{"rendered":"

The US president admits that Americans may face an economic impact from new measures against Canada, Mexico, and China<\/strong><\/p>\n<\/p>\n

<\/strong>US President Donald Trump has acknowledged that Americans could feel \u201csome pain\u201d<\/em> from newly imposed tariffs on foreign trading partners, but insisted the measures were necessary to restore economic strength. He also warned that further tariffs could be levied on the European Union and possibly the UK if trade practices are not addressed.\u00a0<\/p>\n

The latest tariffs, which take effect on Tuesday, include a 25% duty on all goods from Canada and Mexico, with a 10% tariff applied specifically to Canadian energy exports. Imports from China will also face a 10% tariff.<\/p>\n

\u201cWILL THERE BE SOME PAIN? YES, MAYBE (AND MAYBE NOT!),\u201d<\/em> Trump wrote in all caps on Truth Social on Sunday. \u201cIT WILL ALL BE WORTH THE PRICE THAT MUST BE PAID. WE ARE A COUNTRY THAT IS NOW BEING RUN WITH COMMON SENSE \u2013 AND THE RESULTS WILL BE.\u201d<\/em><\/p>\n

Commenting on Canada\u2019s retaliatory measures, announced by Prime Minister Justin Trudeau, Trump suggested the possibility of imposing steeper levies. \u201cIf they want to play the game, I don\u2019t mind. We can play the game all they want,\u201d<\/em> he told reporters upon landing at Joint Base Andrews from Florida.<\/p>\n

\n Read more<\/strong><\/span><\/p>\n

\n \"Canadian
Canada strikes back with tariffs<\/a><\/figcaption><\/figure>\n<\/blockquote>\n

In a separate social media post, Trump renewed his call for Canada to become a US state, arguing that \u201cwithout this massive subsidy, Canada ceases to exist as a viable country.\u201d<\/em><\/p>\n

Addressing potential import taxes on the EU, Trump stated that with a trade deficit of $350 billion, \u201csomething is going to take place there.\u201d<\/em> He did not specify a timeline but suggested action was likely \u201cpretty soon.\u201d<\/em><\/p>\n

He also called the UK \u201cout of line\u201d<\/em> but expressed confidence that the situation \u201ccan be worked out.\u201d<\/em><\/p>\n

Canada and Mexico have already responded to last week\u2019s tariff announcement. Trudeau has imposed a 25% levy on US goods, including alcohol and cosmetics, and warned of further countermeasures. Mexico has also signaled it will implement retaliatory tariffs and promote domestic products in response to Washington\u2019s policies. Meanwhile, China has announced \u201ccorresponding countermeasures\u201d<\/em> and plans to file a lawsuit with the World Trade Organization.<\/p>\n

\u00a0<\/strong><\/p><\/p>\n","protected":false},"excerpt":{"rendered":"

The US president admits that Americans may face an economic impact from new measures against Canada, Mexico, and China US President Donald Trump has acknowledged that Americans could feel \u201csome pain\u201d from newly imposed tariffs on foreign trading partners, but insisted the measures were necessary to restore economic strength. He also warned that further tariffs…<\/p>\n","protected":false},"author":1,"featured_media":1795,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":["post-1793","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"http:\/\/developeternal.com\/index.php\/wp-json\/wp\/v2\/posts\/1793","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/developeternal.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/developeternal.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/developeternal.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/developeternal.com\/index.php\/wp-json\/wp\/v2\/comments?post=1793"}],"version-history":[{"count":2,"href":"http:\/\/developeternal.com\/index.php\/wp-json\/wp\/v2\/posts\/1793\/revisions"}],"predecessor-version":[{"id":1797,"href":"http:\/\/developeternal.com\/index.php\/wp-json\/wp\/v2\/posts\/1793\/revisions\/1797"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/developeternal.com\/index.php\/wp-json\/wp\/v2\/media\/1795"}],"wp:attachment":[{"href":"http:\/\/developeternal.com\/index.php\/wp-json\/wp\/v2\/media?parent=1793"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/developeternal.com\/index.php\/wp-json\/wp\/v2\/categories?post=1793"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/developeternal.com\/index.php\/wp-json\/wp\/v2\/tags?post=1793"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}