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It will be paid for by American consumers. I mean, why would you want to get in a fight with your allies over this
Republican Senator Mitch McConnell said in an interview on CBS's 60 Minutes
Fentanyl is America's problem,
China's foreign ministry saidEconomically speaking, escalating trade tensions are a lose-lose situation for all countries involved,
the analysts wrote in a note on SundayWe may have in the 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 also tried to clarify his post about the possible inflation, saying on Sunday
I don't expect anything dramatic,
Trump told reporters as he returned to Washington from his Mar-a-Lago estate in Florida
If prices go up, it’s because of other people’s reactions to America’s laws,
his homeland secretary, Kristi Noem, said on NBC's “Meet the Press.”
Inflation might go up over the next nine months by as much ... as 1%, just at a moment when we were trying to bring it down,
he told CNN's “Inside Politics.”We don’t need anything they have. We have unlimited Energy, should make our own Cars, and have more Lumber than we can ever use.”
Trump railed against Canada's trade surplus with the United StatesThe USA has major deficits with Canada, Mexico, and China (and almost all countries!), owes 36 Trillion Dollars, and we're not going to be the 'Stupid Country' any longer,
he wrote
It's hard to know what more we can do, but we're obviously open to any other suggestions that come our way,
Canada's ambassador to the United States Kirsten Hillman told ABC News on SundayIt's only a matter of time before the EU is targeted,
said Marchel Alexandrovich of Saltmarch Economics in LondonWe're hopeful that they don't come into effect on Tuesday,
Hillman said on ABC's "This Week" programWith only two days before implementation, the tariffs look likely to take effect, though a last-minute compromise cannot be completely ruled out,
Goldman Sachs economists said in a note Sunday
Who will suffer most? American consumers - who will face skyrocketing prices on everything from groceries to gas to cars,
U.S. Representative Josh Gottheimer wrote on social media.jpg)
We have repeatedly stated our position on this matter. China-U.S. economic and trade cooperation is mutually beneficial and win-win. Differences and frictions should be resolved through dialogue and consultation. Trade wars and tariff wars have no winners, do not serve the interests of any party, and are not beneficial to the world."
Chinese Foreign Ministry spokesperson Mao Ning said during a press conference on Friday
WE ARE A COUNTRY THAT IS NOW BEING RUN WITH COMMON SENSE — AND THE RESULTS WILL BE SPECTACULAR!!!
his post concludedEven very high tariffs could only replace a minority of the revenue raised by income taxation, and such high tariffs would cripple the economy."
Kimberly Clausing, an economist and a professor at the UCLA School of Law, previously told Newsweek
Mexico does not want confrontation. We start from collaboration between neighboring countries...problems are not resolved by imposing tariffs, but by talking and dialoguing, ... I instruct the Secretary of Economy to implement Plan B that we have been working on, which includes tariff and non-tariff measures in defense of Mexico's interests."
Sheinbaum said, however, addingWe categorically reject the White House's slander against the Mexican government of having alliances with criminal organizations, as well as any intention of intervention in our territory."
Mexican President Claudia Sheinbaum wrote on X, formerly Twitter, on Saturday_(cropped).jpg)
This is a choice that, yes, will harm Canadians, ... But beyond that, it will have real consequences for you, the American people."
Canadian Prime Minister Justin Trudeau told reporters on Saturday ... adding,