He also vowed to lower the cost of energy, increase automobile manufacturing, and lower housing costs.
Target and Best Buy have both alreadywarnedthat the tariffs will cause prices to increase.
Mexico plans to announce its own retaliatory tariffs on Sunday.
Donald Trump speaks in the Roosevelt Room of the White House in Washington, D.C., on March 3, 2025.ROBERTO SCHMIDT/AFP/Getty Images
Theyve chosen to launch a trade war that will, first and foremost, harm American families.
