By Bailey Schulz
President Donald Trump on Tuesday said Americans should be prepared for âa little disturbanceâ from tariffs.
“Tariffs are about making America rich again and making America great again, and it’s happening and it will happen rather quickly,â Trump said during a formal address before a joint session of Congress. âThere will be a little disturbance. But weâre okay with that. It wonât be much.â
The remarks came just hours after Trump imposed 25% tariffs on goods imported from Canada and Mexico a doubling of duties on some Chinese goods to 20%, prompting quick retaliatory tariffs from China and Canada. Mexican President Claudia Sheinbaum is set to announce Mexico’s retaliatory tariffs this weekend.