It might be painful for America, but it's worth it: Trump on raising tariffs.

U.S. President Donald Trump believes that the decision to impose tariffs on goods from Canada, Mexico, and China is reasonable, even though it may be painful for the U.S. economy. He claims that these countries, along with others, are "robbing America." He expressed this view on his social media platform, Truth Social, as reported by UNN.

Trump asserts that those days are over and America will no longer be a "stupid country." He urged the aforementioned nations to produce their goods within the United States, noting that in such a case, there would be no increase in tariffs. The president maintains that the United States "should not lose trillions of dollars subsidizing other countries."

It is worth mentioning that in response to Trump's initiatives to impose a 25% tariff against Canada, Canadian Finance Minister Dominic Leblanc released a list of American products that would be subject to tariffs.

Reminder

The U.S. president signed three decrees regarding new customs tariffs on imports from Canada, Mexico, and China. American importers will face an additional 25% tax on goods from Canada and Mexico, and 10% on Chinese products.

Subsequently, these three countries announced countermeasures and their readiness for a trade confrontation.

In response to Trump’s statements that the U.S. will impose tariffs on goods from the EU, the European Union stated that it would take "tough measures" if this occurs.