Trump’s tariff gamble: 'Pain' ahead, but 'worth the price' to secure US interests

Former President Donald Trump admitted on Sunday that the new tariffs he implemented might cause economic hardship for American consumers. However, he maintained that the sacrifice would be justified to safeguard U.S. interests and combat illegal immigration.

In a bold move that has sparked concerns across North America and beyond, Trump proceeded with his plan to impose 25% tariffs on imports from Canada and Mexico, despite their involvement in the U.S.-Mexico-Canada Agreement (USMCA). At the same time, he escalated trade tensions with China by adding a 10% tariff on Chinese imports.

Set to take effect on Tuesday, these tariffs align with Trump’s long-standing pledge to crack down on illegal immigration and fentanyl smuggling—issues he argues are not being adequately addressed by these nations.

Trump invoked the International Emergency Economic Powers Act to justify the decision, prompting immediate threats of retaliation from Canada, Mexico, and China.

"Will there be some pain? Yes, maybe (and maybe not!)," Trump wrote on Truth Social. "But we will Make America Great Again, and it will all be worth the price that must be paid."

Throughout his presidency, Trump emphasized reducing the trade deficit and preventing what he saw as unfair exploitation of American markets. However, experts warn that the trade war could slow economic growth and lead to higher prices for consumers.

In an attempt to mitigate the financial strain, Trump imposed a lower 10% tariff on Canadian energy imports, though his remarks about Canada have sparked furt

her debate.