President Trump acknowledged that the across-the-board tariffs he ordered into effect Saturday on imports from Canada, Mexico and China might cause some “pain,” but argued that they will pay off in the long term.
“This will be the golden age of America! 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,” Trump, 78, wrote on Truth Social Sunday in all capitalization.
“We are a country that is now being run with common sense — and the results will be spectacular!!!”
Trump had warned China, Canada and Mexico last year to take measures to rein in the fentanyl crisis or face tariffs.
He also told Canada and Mexico to crack down on illegal immigration.
All three countries are America’s largest three trading partners.
He had given them until Saturday to comply with his demands and followed through on his threat after being unsatisfied with the results.
Trump has long been a fan of tariffs and slammed critics of his move, saying that the “tariff lobby” is “always wrong.”
He accused free trade proponents of allowing other countries to take advantage of the US by allowing “crime, and poisonous drugs” to “freely flow into America.”
“Those days are over!”
