President Trump responded strongly to The Wall Street Journal's editorial criticizing his tariffs on Canada and Mexico, which labeled the actions as the 'dumbest trade war in history.' While speaking alongside Rupert Murdoch in the Oval Office, Trump rejected this characterization, asserting that these countries are eager to make deals because they benefit from current arrangements at the expense of the U.S. He emphasizes the need for change, citing national debt and past grievances regarding trade practices.
I've been right over The Wall Street Journal many times, I will tell you that. I don't agree with him on some things. No, it's not dumb, you're going to see.
Every single one of those countries is dying to make a deal. You know why? Because they're ripping us off really badly... and we don't allow that anymore.
You didn't know that Canada didn't allow our banks. You didn't know all of these different things... either very, very substantial tariffs are going to be paid by them or they're going to make some kind of a deal.
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