On Sunday, Donald Trump, the incoming U.S. President, claimed that the U.S. provides significant financial subsidies to Canada and Mexico, totaling USD 100 billion and USD 300 billion, respectively. He suggested that if the U.S. is subsidizing these countries, they should become part of the U.S. He also threatened to impose heavy tariffs on both countries if they do not curb illegal immigration through their borders.

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• Donald Trump claims the U.S. subsidizes Canada by USD 100 billion and Mexico by USD 300 billion annually.
• He suggests that if these subsidies continue, Canada and Mexico should become states of the U.S.
• Trump criticized these countries for benefiting from U.S. subsidies without being part of the nation.
• He also warned of imposing hefty tariffs on both countries if illegal immigration continues through their borders.
• Trump dismissed concerns from American CEOs that tariffs would harm U.S. consumers, stating they cost nothing to America and could strengthen the economy.
• He argued that tariffs could also be used effectively to resolve international conflicts.
• Trump stated that tariffs were an important tool for U.S. economic growth and international influence.
• Despite challenges like COVID-19, Trump claimed his policies improved the stock market before handing over to President Biden.
• He emphasized that tariffs, if used properly, could benefit the U.S. economically and politically.