President-elect Donald Trump on Sunday suggested that if the US is subsidising its two neighbours Canada and Mexico to the tune of $ 100 billion and $ 300 billion, respectively then these nations should consider becoming part of America.
The 78-year-old Trump has indicated his readiness to implement tariffs on both nations if they fail to control illegal immigration into the US through their borders.
In his first Sunday talk show appearance since winning the November 5 presidential elections, Trump told NBC News, “We’re subsidising Canada to the tune of over $ 100 billion a year. We’re subsidising Mexico for almost $ 300 billion. We shouldn’t be subsidising. Why are we subsidising these countries? If we’re going to subsidise them, let them become a state (of the US).”
He emphasised, “We’re subsidising Mexico, we’re subsidising Canada, and we’re subsidising many countries all over the world. All I want to do is have a level, fast, but fair playing field.”
Trump dismissed concerns raised by American CEOs regarding tariffs potentially increasing costs for common commodities and burdening average citizens, PTI reported
He defended his stance on tariffs, explaining their multiple benefits and strategic importance. He stated that tariffs have been effective in preventing conflicts and generating revenue for the country, whilst maintaining that they should be implemented judiciously rather than recklessly.
Trump highlighted his administration’s economic achievements, particularly during the COVID period, noting that when he transferred power to Biden, the stock market was performing better than pre-pandemic levels.
When questioned about whether the tariffs were a negotiating strategy, Trump shared his interactions with Canadian and Mexican leaders. He described a meeting with Justin Trudeau at Mar-a-Lago and his communications with both nations’ leaders.
Trump concluded by revealing his message to both the Mexican President and Justin Trudeau, stating he would impose 25 per cent tariffs if illegal immigration continued unchecked.
