Washington (TDI): The United States President Donald Trump has finally realized the consequences of imposed U.S. tariffs on neighboring nations’ goods. Trump said he would initiate a discussion with Canada and Mexico to focus on tariff restrictions on both countries.
Moreover, Trump spent his weekend in his home state Florida, he flew back to Washington on Sunday evening where he briefed reporters and said,
“I will be speaking with Justine Trudeau tomorrow morning and I’ll be speaking with Mexico’s president tomorrow morning.’’
“I don’t foresee any dramatic.” he further added.
On the other hand, the U.S. has also smashed its rival, China’s 10% tariff in addition to levies already in place.
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However, one of the top US trading partners is China, Mexico, and Canada. These countries are ready to impose tariffs on U.S. goods; it will take effect from Tuesday.
Trump has repeatedly argued on his social media platform, Truth Social, that Americans would also be affected by tariffs and may feel economic ‘’pain’’, from his tariffs, but argued it would be “worth the price” to secure US interests.
Trump wrote Sunday morning in all-caps on his Truth Social platform,
“Maybe you feel pain or maybe not, but it will be worth the price’’
As President Trump has adopted the policy of Make America Great policy, he further added, ‘’We will make America great again and the price will be worth it, and it must be paid.
In such a scenario, several American economists predicted these moves would be the new initiation of a trade war with neighboring countries. Both have greatly penetrated their business market with mutual interests.
