Trump Defends Tariffs, Says Potential Gain ‘Worth the Price That Must Be Paid’

‘Will there be some pain? Yes, maybe ... it will all be worth the price that must be paid,’ Trump said.
Trump Defends Tariffs, Says Potential Gain ‘Worth the Price That Must Be Paid’
President Donald Trump speaks to reporters as he departs the White House en route to Joint Base Andrews in Washington on Jan. 31, 2025.Madalina Vasiliu/The Epoch Times
Jacob Burg
Updated:
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President Donald Trump on Feb. 2 defended his move to impose sweeping tariffs on the top three U.S. trading partners, acknowledging that the actions could cause “some pain” for Americans in the economic fallout.

On Feb. 1, Trump imposed 25 percent tariffs on Canada and Mexico and 10 percent tariffs on China, citing unfair trade terms and his wish to curb illegal immigration and illicit fentanyl trafficking. Opponents say the tariffs, scheduled to start on Feb. 4, will likely spur a global trade war.

Jacob Burg
Jacob Burg
Author
Jacob Burg reports on national politics, aerospace, and aviation for The Epoch Times. He previously covered sports, regional politics, and breaking news for the Sarasota Herald Tribune.