On Monday, Ford confirmed a 25% tax increase would be placed on electricity exported from Canada to the U.S., In another social media post Tuesday, Trump threatened Canada for the move, saying the country ”will pay a financial price for this so big that it will be read about in History Books for many years to come!”

Trump’s apparent acknowledgement on Fox News that his policies, including tariffs, could cause a period of “transition” for the economy was also disturbing – since it appeared to indicate that short-term pain is in the offing and that he is prepared for a country weary of high prices for groceries and housing to endure it.