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Donald Trump tells Americans tariff ‘pain’ will be ‘worth the price’; reiterates Canada become US’s 51st state
- Trump acknowledged potential economic “pain” from tariffs but assured it would be worth it to “Make America Great Again.” He reiterated his call for Canada to become the 51st state, citing benefits like lower taxes, better military protection, and no tariffs.
US President Donald Trump acknowledged potential economic "pain" from tariffs but assured it would be worth it to "Make America Great Again." He reiterated his call for Canada to become the 51st state, citing benefits like lower taxes, better military protection, and no tariffs.
"Pain" will be “worth the price”
Trump took to Truth Social platform on Sunday (February 2) to address potential economic consequences of his proposed tariffs on trading partners, Canada, Mexico and China. In a bold statement, Trump acknowledged that Americans may experience some "pain" due to the tariffs but reassured his followers that it would ultimately be "worth the price" to protect US interests.
"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 wrote in all-caps.
Optimism for America's future amid challenges
Trump remained optimistic about the future, declaring, “THIS WILL BE THE GOLDEN AGE OF AMERICA!” He promised that any pain experienced along the way would be worth the eventual rewards and reaffirmed that under his leadership, the US would be run with "common sense," producing "spectacular results."
Trump criticises the "Tariff Lobby" and globalist entities
Trump condemned what he termed the "Tariff Lobby," a group he described as headed by globalist entities and the Wall Street Journal. In his post, Trump accused these groups of enabling the “decades-long RIPOFF OF AMERICA,” referring to trade imbalances with countries like Canada, Mexico, and China, as well as the unchecked flow of drugs into the United States.
Trump highlights trade deficits and debt concerns
Trump specifically pointed to the trade deficits the US faces with these countries, asserting that the nation’s debts have now reached an alarming $36 trillion. He declared that America could no longer afford to be "the 'Stupid Country'" and vowed to turn things around.
"MAKE YOUR PRODUCT IN THE USA AND THERE ARE NO TARIFFS!"
“MAKE YOUR PRODUCT IN THE USA AND THERE ARE NO TARIFFS!” Trump wrote, emphasising his stance that the US must prioritize domestic manufacturing to eliminate tariffs and reduce foreign reliance. He further criticized the cost burden on US citizens, particularly concerning pharmaceuticals and drug imports, which he claimed were heavily subsidized by American taxpayers while foreign nations paid a fraction of the cost.
Trump reiterates Canada should join US as the 51st state
In a separate post, Trump reiterated his controversial call for Canada to join the United States as the “51st state,” advocating for lower taxes, better military protection, and the removal of tariffs. "Canada should become our Cherished 51st State. Much lower taxes, and far better military protection for the people of Canada — AND NO TARIFFS!," wrote Trump.
President Trump criticised the US financial aid to Canada, claiming that the United States pays "hundreds of billions of dollars to subsidize Canada" without any justification.
Trump argued that the US has ample resources, including "unlimited energy," the ability to manufacture its own cars, and an abundance of lumber, making Canadian support unnecessary.
Trump went further, suggesting that without this financial assistance, Canada would not be a "viable" country. He proposed that Canada should become the "51st state" of the US, offering lower taxes and enhanced military protection. Also, Trump argued that such a move would eliminate tariffs.
Trump imposes tariffs on Mexico, Canada, and China, sparing backlash
Trump followed through on his threats to impose a 25% tariff on goods imported from countries Canada and Mexico. The move also included a 10% tariff on Chinese products.
On Friday, the Wall Street Journal editorial board sharply criticised the tariffs, calling them “The Dumbest Trade War in History.”
In response, both Canada and Mexico have vowed to retaliate against the US with their own tariffs. Canadian Prime Minister Justin Trudeau announced a 25% tariff on $106 billion worth of US imports, targeting a wide range of American goods, while Mexican President Claudia Sheinbaum also pledged retaliatory measures, although she did not specify the scope of the response.
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Business NewsNewsUs NewsDonald Trump tells Americans tariff ‘pain’ will be ‘worth the price’; reiterates Canada become US’s 51st state
First Published:2 Feb 2025, 08:19 PM IST
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