Speaking to reporters after returning to Washington from a weekend in Florida, Trump confirmed he would speak with Canadian Prime Minister Justin Trudeau and Mexican leaders on Monday morning. "I don't expect anything very dramatic," he remarked.
In addition to tariffs on Canada and Mexico, Trump has also imposed a 10 percent tariff on China, further escalating trade tensions. While Trump has consistently argued that foreign exporters, not American consumers, would bear the burden of the tariffs, experts have disagreed, warning that American consumers could face higher costs.
On Sunday, Trump acknowledged the potential economic pain in a series of Truth Social posts, stating that any discomfort would be "worth the price" to ensure U.S. economic priorities. The tariffs on Canada, Mexico, and China, the U.S.'s top trade partners, are set to take effect on Tuesday, with all three countries threatening retaliation.
Trump has framed the tariffs as part of a broader effort to address trade imbalances, particularly with Canada, Mexico, and China, claiming the U.S. faces significant deficits with these countries and others. He also cited issues like illegal immigration and the opioid crisis as justifications for the tariffs.
In a separate post, Trump controversially suggested that Canada should become the 51st U.S. state, claiming that the U.S. heavily subsidizes Canada’s economy. This comment was met with backlash in Canada, with some expressing their discontent during a Toronto Raptors game.
In response, Canadian Prime Minister Trudeau vowed to implement 25 percent tariffs on select U.S. goods, while several provinces announced further retaliatory actions. Mexico is also preparing its own measures, with President Claudia Sheinbaum signaling plans for both tariff and non-tariff responses.
Meanwhile, Trump signaled that similar tariffs on the European Union could be forthcoming, to which the EU responded that it would "respond firmly."
The tariff moves come amid a flurry of other significant actions by the Trump administration, including efforts to overhaul the federal government. This has coincided with an aviation disaster, which Trump controversially linked to diversity programs, despite ongoing investigations into the cause of the crash.