'Time to teach Canada you can't do this anymore': Trump

President Donald Trump declared it was "time to teach Canada you can't do this anymore" following the breakdown of trade talks between the two neighboring countries.

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I had a deal, that was a pretty good deal, you know, quite good.

Trump, speaking in an interview, expressed dissatisfaction with the trade negotiations, stating, "I had a deal, that was a pretty good deal, you know, quite good." He indicated that while some Canadian imports might cause minor inconvenience, the US could source them elsewhere.

This statement comes days after Trump imposed 50 percent tariffs on approximately US$20 billion of Canadian imports. Canada retaliated with its own tariffs on about US$20 billion worth of US annual imports, matching the US duties dollar for dollar. These Canadian tariffs are scheduled to take effect on September 8.

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They don't have anything that we have to have, okay, we can get by. I mean, there are a couple of things that would make it a little inconvenient, but we can get them elsewhere. And it's time to teach Canada you can't do this anymore.

Additionally, Trump announced a 50 percent tariff on Canadian autos and parts, which will be implemented on January 1. Canada has cited the US refusal to extend tariff relief to medium- and heavy-duty vehicles as a reason for the agreement's failure.

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If there's further retaliation from the Canadian side, of course we're not going to just sit down and take that.

White House advisor Peter Navarro predicted that any future deal Canada strikes with the US would be less favorable than the one previously offered. He suggested that Canada's decision to reject the earlier offer would lead to a worse outcome.

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I know how people are feeling in Canada and what they think. We have our own trade policy, and we'll proceed with it in the way that's best for the United States.