Donald Trump says ‘pain’ of tariffs on Canada, Mexico and China will be worth it [Video]

US PRESIDENT DONALD Trump has announced broad tariffs on major US trading partners Canada, Mexico and China, claiming a “major threat” from illegal immigration and drugs.

Canadian and Mexican exports to the United States will face a 25% tariff starting Tuesday, although energy resources from Canada will have a lower 10% levy.

Goods from China, which already face various rates of duties, will see an additional 10% tariff.

Mexico and Canada have already ordered retaliatory measures against the US.

Trump’s orders also suspended exemptions allowing low-value imports from the three countries to enter the US duty-free.

The announcement threatens upheaval across supply chains, from energy to automobiles to food.

“Will there be some pain? Yes, maybe (and maybe not!)” Trump wrote today in all-caps on his Truth Social media platform.

“But we will Make America Great Again, and it will all be worth the price that must be paid.”

Trump …