Trump tariffs live updates: US won't drop China tariffs without something 'substantial'

Trump suggested that he might increase tariffs on cars from Canada from the current 25% he has levied against them.

“They took a large percentage of the car industry and I want to bring it back to this country. I really don't want cars from Canada,” Trump said. “So when I put tariffs on Canada, they're paying 25%, but that could go up in terms of cars. When we put tariffs on, all we're doing is what we're saying ‘We don't want your cars.’”

Trump was asked about the trade deal with India thatVice President JD Vance claimed to helped negotiate, but the president provided no details.

"They're not very complicated. These deals. It's about the tariffs," Trump said before speaking about unfair trade deals in the past between the U.S. and India.

When asked if there is “direct contact” between the U.S. and China on trade, Trump responded an assertive, “Yes, of course. Every day.”

The president touted that he has "great relationships with China and with President Xi in particular." Despite China slamming the U.S. for its tariff policies and criticizing its "coercion" and "bullying" in a statement earlier today, Trump expressed confidence that the two countries are "going to get along great."

Speaking to reporters in the Oval Office, Trump remained vague over the state of China tariffs but expressed confidence that the U.S. will be making "great deals" in the coming weeks.

“And by the way, if we don't have a deal with a company or a country, we're going to set the tariff. We just set the tariff. It's something that we think that will happen, I'd say, over the next couple of weeks.”

“Over the next two, three weeks, we'll be setting the number,” Trump continued, adding that this “could be on China” and that this “depends on them.”