By Molly Goddard
9:12am PDT, Mar 31, 2025
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Donald Trump seems to be threatening even more tariffs.
As the President of the United States continues to tease whether or not he would impose more extensive
duties on products from Mexico and Canada, he made a bold declaration about the countries that could be next.
Join us to read about what Trump said about potential import taxes…
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Donald Trump and his administration are calling Wednesday, April 2, "Liberation Day" when his tariffs are set to go into effect. The North American taxes were supposed to occur on February 2. However, they were then pushed to March 4 and now this week.
During a Sunday, March 30, interview on Air Force One, the right-wing leader implied more duties could be coming after he previously seemed to back down.
"You'd start with all
countries," he explained about his plan. "Essentially all of the countries that we're talking about. You could take a look at trade with Asia and I wouldn't say anybody has treated us fairly or nicely."
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Donald Trump recently announced tariffs on all imported automobile parts, clarifying that he wants manufacturers making cars in
America despite how extreme pricing could affect people around the country.
"I couldn't care less if they raise prices, because people are going to start buying American-made cars," the businessman told
NBC News on Sunday, March 30. "What we're going to be doing is a 25 percent tariff on all cars that are not made in the United States. If they are made in the United States, there's absolutely no tariff."
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According to
Axios, the continuation of Donald Trump's trade war with other
countries has markets in Hong Kong, South Korea and Japan falling between 1.7 and 4 percent over the weekend.
In an even more alarming report by
Reuters,
The Apprentice star's plan has a 40 percent chance of landing America in a recession.
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According to Goldman Sachs via
NBC News, Donald Trump's actions have the potential to bump
inflation and unemployment and halt economic growth.
"We have pulled the lone 2026 cut in our Fed forecast forward into 2025 and now expect three consecutive cuts this year in July, September and November, which would leave our terminal rate forecast unchanged at 3.5%-3.75%," they explained to the news outlet about the Republican's tariffs.
