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Trump says Canada, Mexico and China tariffs ‘will all be worth it’ — but may cause some ‘pain’

  • Donald Trump announced a 25% tariff on Canadian goods and a 10% tax on oil, natural gas, and electricity, set to launch on Tuesday.
  • Canada will impose 25% tariffs on over $155 billion of U.S. Products, according to Canadian Prime Minister Justin Trudeau.
  • The Chinese government plans to file a lawsuit with the World Trade Organization to defend its economic interests.
  • An analysis from the Budget Lab at Yale estimates that U.S. Households could lose about $1,245 in income this year due to the tariffs.
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  • 60% of the sources are Center
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