Trump Says “Pain” From Tariffs Will Be “Worth The Price”

New York:

President Donald Trump said Sunday that Americans may feel economic “pain” from his tariffs on key trading partners, but argued it would be “worth the price” to secure US interests.

On Saturday, Trump finally signed off on threatened 25-percent tariffs on neighboring Mexico and Canada — despite sharing a free trade pact — and hit China with a 10-percent tariff in addition to already enacted levies.

The president had vowed since before his inauguration to take such action, claiming the countries were not doing enough to halt illegal immigration and the trafficking of the deadly opioid fentanyl into the United States.

In imposing the tariffs, which are set to begin Tuesday, Trump invoked the International Emergency Economic Powers Act