Publish: 09:23, 03 Feb, 2025

Trump announces talks with Canada, Mexico over sweeping tariffs

Online Desk
Trump announces talks with Canada, Mexico over sweeping tariffs
Photo: Donald Trump

President Donald Trump said he will discuss the punishing tariffs he has levied on Canada and Mexico with both countries on Monday, after arguing that Americans may feel economic "pain" from the 25 percent duties but that it will be "worth the price."

Speaking to reporters after he flew back to Washington Sunday evening from a weekend in Florida, Trump said he was "speaking with Prime Minister (Justin) Trudeau tomorrow morning, and I'm also speaking with Mexico tomorrow morning."

"I don't expect anything very dramatic," he added.

Trump has also hit China with a 10-percent tariff in addition to levies already in place.

A fervent supporter of tariffs, Trump had always maintained that their impact would be borne by foreign exporters, without being passed on to American consumers, contradicting the opinion of a broad range of experts.

Earlier Sunday he acknowledged, in a series of messages on his Truth Social network, that Americans may feel economic "pain" from his tariffs, but argued it would be "worth the price" to secure US interests.

China, Mexico and Canada are the top three US trade partners and all have vowed to retaliate when the tariffs take effect Tuesday.

"Will there be some pain? Yes, maybe (and maybe not!)" Trump wrote Sunday morning in all-caps on his Truth Social media platform.

"But we will Make America Great Again, and it will all be worth the price that must be paid."

Analysts expect the trade war to slow US growth and increase prices, at least in the short term, something the president had resisted acknowledging after frustration over rising costs was seen as a major factor in his 2024 election win.

Seeking to limit a spike in fuel prices, Trump has put the levy on energy imports from Canada at only 10 percent.

The president has cited illegal immigration and the trafficking of the deadly opioid fentanyl as reasons for the "emergency" measures.

But on Sunday he also expressed general outrage at trade deficits, which he has long viewed as signs of unfair treatment against the United States.

"The 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.

The tariffs announcements capped an extraordinary second week of Trump's new term, with the president facing the worst US aviation disaster in years -- even as his administration moved to drastically overhaul the government in actions decried by critics as illegal.

'51st state'

In a separate social media post, Trump took particular aim at Canada, repeating his call for America's northern neighbor to become a US state.

Claiming the United States pays "hundreds of billions of dollars to SUBSIDIZE Canada," Trump said that "without this massive subsidy, Canada ceases to exist as a viable Country."

"Therefore, Canada should become our Cherished 51st State," he said, reiterating the expansionist threat against one of his country's closest allies.

The US Census Bureau says the 2024 trade deficit in goods with Canada was $55 billion.

Canadian backlash was swift, with video posted to social media showing fans at a Toronto Raptors game Sunday booing during the US national anthem.

Trudeau vowed Saturday to hit back with 25 percent levies on select American goods worth Can$155 billion (US$106.6 billion), with a first round on Tuesday followed by a second one in three weeks.

Leaders of several Canadian provinces have already announced retaliatory actions as well, such as the immediate halt of US liquor purchases.

The White House has not publicly announced what actions could end the tariffs.

"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 Sunday.

Federal overhaul

Mexican President Claudia Sheinbaum said she, also, was awaiting Trump's response to her proposal for dialogue.

She said she had directed her economy minister to "implement Plan B," which includes unspecified "tariff and non-tariff measures," promising to detail Monday the steps she intends to take.

Trump said Sunday he also planned to hit the European Union with tariffs "pretty soon," to which the EU said earlier it would "respond firmly."

The drastic trade actions follow similarly sharp efforts by Trump's administration to quickly overhaul the federal government in his first two weeks.

Trump's close ally Elon Musk, the world's wealthiest person, and his so-called Department of Government Efficiency were also pursuing efforts that were not fully clear, including reported attempts to probe federal payment and e-mail systems.

The tumult in the federal government coincided with the collision of an army helicopter and an airliner that killed 67 people in the US capital.

Trump, addressing the crash on Thursday as aviation authorities began their formal investigation, baselessly placed the blame on diversity programs.

AFP

Bd-Pratidin English/ARK

More News
Two pilots killed as Indian fighter jet crashes
Two pilots killed as Indian fighter jet crashes
Bridge collapse in India’s Gujarat kills nine
Bridge collapse in India’s Gujarat kills nine
Tapes reveal Trump's bomb threat against Russia, China
Tapes reveal Trump's bomb threat against Russia, China
US pouring $1.5b into building air bases in Israel: Report
US pouring $1.5b into building air bases in Israel: Report
Macron calls for support on Gaza, Ukraine in his UK visit
Macron calls for support on Gaza, Ukraine in his UK visit
Trump set to impose 50 pc tariff on copper
Trump set to impose 50 pc tariff on copper
Pakistan’s ANP vows strong opposition against attempts to reverse 25th constitutional amendment
Pakistan’s ANP vows strong opposition against attempts to reverse 25th constitutional amendment
Reaffirmed hostages release, Hamas defeat in Trump talks: Netanyahu
Reaffirmed hostages release, Hamas defeat in Trump talks: Netanyahu
Over 31 killed, 532 arrested in Kenya’s anti-govt movement
Over 31 killed, 532 arrested in Kenya’s anti-govt movement
Nepal flood: 9 dead, 19 missing, China bridge destroyed
Nepal flood: 9 dead, 19 missing, China bridge destroyed
Trump says pharmaceutical tariffs could reach 200%
Trump says pharmaceutical tariffs could reach 200%
Iran nuclear programme 'very delayed' by strikes: French intel chief
Iran nuclear programme 'very delayed' by strikes: French intel chief
Latest News
Mobile users to get 1GB free internet on July 18
Mobile users to get 1GB free internet on July 18
5 hours ago | National
16 senior police officials transferred
16 senior police officials transferred
5 hours ago | National
CA directs to complete election preparations by Dec: Press Secretary
CA directs to complete election preparations by Dec: Press Secretary
6 hours ago | National
SSC results to be published tomorrow
SSC results to be published tomorrow
6 hours ago | National
Expats to become voters in 5 more countries including US
Expats to become voters in 5 more countries including US
7 hours ago | National
Two pilots killed as Indian fighter jet crashes
Two pilots killed as Indian fighter jet crashes
7 hours ago | International
National Consensus Commission holds meeting with EC
National Consensus Commission holds meeting with EC
7 hours ago | National
Dr Salehuddin denies IMF, WB influence on Bangladesh reforms
Dr Salehuddin denies IMF, WB influence on Bangladesh reforms
8 hours ago | National
Beijing working with Dhaka, Islamabad to follow up ‘concrete cooperation’
Beijing working with Dhaka, Islamabad to follow up ‘concrete cooperation’
8 hours ago | National
Canadian envoy meets Ali Riaz
Canadian envoy meets Ali Riaz
9 hours ago | National
One more dies of dengue in 24 hrs
One more dies of dengue in 24 hrs
9 hours ago | National
Bridge collapse in India’s Gujarat kills nine
Bridge collapse in India’s Gujarat kills nine
9 hours ago | International
Tarique stands beside cancer-stricken mother of Ritu Porna Chakma
Tarique stands beside cancer-stricken mother of Ritu Porna Chakma
10 hours ago | National
Anisul, Salman, Amu, Dipu Moni shown arrested in more cases
Anisul, Salman, Amu, Dipu Moni shown arrested in more cases
10 hours ago | National
Tapes reveal Trump's bomb threat against Russia, China
Tapes reveal Trump's bomb threat against Russia, China
10 hours ago | International
Lakshmipur records highest rainfall, residents marooned
Lakshmipur records highest rainfall, residents marooned
10 hours ago | National
US pouring $1.5b into building air bases in Israel: Report
US pouring $1.5b into building air bases in Israel: Report
11 hours ago | International
CA asks Bhutan to utilise Bangladesh’s infrastructural facilities
CA asks Bhutan to utilise Bangladesh’s infrastructural facilities
11 hours ago | National
Water level in Gomti rising; alert issued for riverbanks people
Water level in Gomti rising; alert issued for riverbanks people
11 hours ago | National
Hasina will surely face due justice in Bangladesh: Law Adviser
Hasina will surely face due justice in Bangladesh: Law Adviser
11 hours ago | National
Hasina can’t escape justice for ‘reign of terror’: Fakhrul
Hasina can’t escape justice for ‘reign of terror’: Fakhrul
12 hours ago | National
Nature of dengue changed, intensive care needed for patients: DG Health
Nature of dengue changed, intensive care needed for patients: DG Health
12 hours ago | National
8 remanded in triple murder case in Cumilla's Muradnagar
8 remanded in triple murder case in Cumilla's Muradnagar
12 hours ago | National
Macron calls for support on Gaza, Ukraine in his UK visit
Macron calls for support on Gaza, Ukraine in his UK visit
12 hours ago | International
The 36 days that jolted the nation
The 36 days that jolted the nation
12 hours ago | Special
Bangladesh seek redemption in T20 series against Sri Lanka
Bangladesh seek redemption in T20 series against Sri Lanka
13 hours ago | Sports
Trump set to impose 50 pc tariff on copper
Trump set to impose 50 pc tariff on copper
13 hours ago | International
Foreign adviser off to Malaysia to attend ASEAN Regional Forum
Foreign adviser off to Malaysia to attend ASEAN Regional Forum
13 hours ago | National
Bangladesh led resolution on climate change adopted in Human Rights Council
Bangladesh led resolution on climate change adopted in Human Rights Council
13 hours ago | National
Pakistan’s ANP vows strong opposition against attempts to reverse 25th constitutional amendment
Pakistan’s ANP vows strong opposition against attempts to reverse 25th constitutional amendment
13 hours ago | International
Most Read
Flood warning issued in Feni as Muhuri rises above danger level
Flood warning issued in Feni as Muhuri rises above danger level
18 hours ago | National
Pathao Pay launched nationwide with pay card, cashback offer
Pathao Pay launched nationwide with pay card, cashback offer
18 hours ago | Tech
No escape for Sheikh Hasina following that investigative report: Press secretary
No escape for Sheikh Hasina following that investigative report: Press secretary
13 hours ago | National
UAE denies rumors of lifetime Golden Visa for select nationalities
UAE denies rumors of lifetime Golden Visa for select nationalities
18 hours ago | International
Türkiye defence secretary meets Army chief
Türkiye defence secretary meets Army chief
18 hours ago | National
July uprising: What have we gained? What have we lost?
July uprising: What have we gained? What have we lost?
15 hours ago | Special
Nature of dengue changed, intensive care needed for patients: DG Health
Nature of dengue changed, intensive care needed for patients: DG Health
12 hours ago | National
Water level in Gomti rising; alert issued for riverbanks people
Water level in Gomti rising; alert issued for riverbanks people
11 hours ago | National
Sheikh Hasina authorised deadly crackdown, leaked audio suggests
Sheikh Hasina authorised deadly crackdown, leaked audio suggests
17 hours ago | National
Landslides in Ctg hills, heavy rainfall and waterlogging in several divisions
Landslides in Ctg hills, heavy rainfall and waterlogging in several divisions
15 hours ago | National
Foreign adviser off to Malaysia to attend ASEAN Regional Forum
Foreign adviser off to Malaysia to attend ASEAN Regional Forum
13 hours ago | National
Bangladesh led resolution on climate change adopted in Human Rights Council
Bangladesh led resolution on climate change adopted in Human Rights Council
13 hours ago | National
Basic reforms priority, not long-term ones: Finance adviser
Basic reforms priority, not long-term ones: Finance adviser
13 hours ago | National
Over 200 protesters apologize to NBR chairman
Over 200 protesters apologize to NBR chairman
19 hours ago | National
Threatening the media is antithetical to democracy
Threatening the media is antithetical to democracy
19 hours ago | Special
Bangladesh Bank set to unveil business-friendly monetary policy this month
Bangladesh Bank set to unveil business-friendly monetary policy this month
14 hours ago | Economy
The 36 days that jolted the nation
The 36 days that jolted the nation
13 hours ago | Special
Bangladesh Bank to launch Tk25cr fund for families of July Martyrs, injured
Bangladesh Bank to launch Tk25cr fund for families of July Martyrs, injured
18 hours ago | National
Hasina will surely face due justice in Bangladesh: Law Adviser
Hasina will surely face due justice in Bangladesh: Law Adviser
12 hours ago | National
Hasina can’t escape justice for ‘reign of terror’: Fakhrul
Hasina can’t escape justice for ‘reign of terror’: Fakhrul
12 hours ago | National
Monsoon keeps Dhaka’s air quality at ‘moderate’ level
Monsoon keeps Dhaka’s air quality at ‘moderate’ level
17 hours ago | City
Hidden crime and criminals in Biman Bangladesh Airlines exposed
Hidden crime and criminals in Biman Bangladesh Airlines exposed
14 hours ago | National
In my heart, I'm already married to her: Aamir Khan
In my heart, I'm already married to her: Aamir Khan
15 hours ago | Showbiz
Kate Middleton wows in red cape gown by her wedding designer
Kate Middleton wows in red cape gown by her wedding designer
13 hours ago | Lifestyle
LGED and WASA: Tazul’s personal goldmines
LGED and WASA: Tazul’s personal goldmines
16 hours ago | National
FIFA opens office inside New York's Trump Tower ahead of World Cup
FIFA opens office inside New York's Trump Tower ahead of World Cup
14 hours ago | Sports
Over 30 Feni villages flooded as dams collapse at 15 points
Over 30 Feni villages flooded as dams collapse at 15 points
15 hours ago | National
SSC results to be published tomorrow
SSC results to be published tomorrow
6 hours ago | National
Youth Festival to continue till Dec 31: Asif Mahmud
Youth Festival to continue till Dec 31: Asif Mahmud
17 hours ago | National
BNP leaders decry suppression of dissent, call for democratic reform
BNP leaders decry suppression of dissent, call for democratic reform
15 hours ago | Special