Trump: Senators 'have no idea what they're talking about' on tariffs

President TrumpDonald John TrumpTrump says he will 'temporarily hold off' on declaring Mexican drug cartels as terror organization House Judiciary Committee formally receives impeachment report Artist behind gold toilet offered to Trump sells banana duct-taped to a wall for 0,000 MORE on Thursday reiterated his willingness to impose tariffs on Mexico if the country does not crack down on the flow of migrants toward the U.S. despite opposition from within his own party, saying some senators "have no idea what they're talking about" on the issue.

Trump stopped briefly to speak with reporters before leaving for a ceremony in Normandy, France, to mark the 75th anniversary of the D-Day invasion. Most of those comments focused on the ongoing talks with Mexico to potentially avert the use of tariffs.

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"We'll see what happens. But something pretty dramatic could happen," Trump said. "We've told Mexico the tariffs go on. And I mean it, too. And I'm very happy with it. And lot of people, senators included, they have no idea what they're talking about when it comes to tariffs. They have no — absolutely no idea."

"When you have the money, when you have the product, when you have the thing that everybody wants, you're in a position to do very well with tariffs, and that's where we are," he continued. "We're the piggybank. The United States is the piggybank. It has all the money that others want to take from us, but they're not taking it so easy anymore. It's a lot different."

Trump last week threatened to impose a 5 percent tariff on Mexican imports beginning next week. The duties could increase to 25 percent by October if the Trump administration deems Mexico has not done enough to crack down on migration and criminal gangs.

The president said discussions in Washington, D.C., on Wednesday yielded progress on key issues “but not nearly enough,” citing a report the Department of Homeland Security released earlier on Wednesday saying that border arrests in May had hit 133,000 — a total not reached in more than a decade.

Mexican and U.S. officials will meet again on Thursday, though Trump and Vice President Pence will both be out of town.

The president has repeatedly maintained that tariffs will boost the U.S. economy by bringing additional money into the Treasury. But economists have noted that is not the case and that tariffs make imported products more expensive for American consumers.

Numerous Republican and Democratic senators, however, have raised concerns about Trump's use of tariffs and warned that using the tactic against Mexico could negatively impact the U.S. economy. GOP Sens. John CornynJohn CornynHillicon Valley: FTC rules Cambridge Analytica engaged in 'deceptive practices' | NATO researchers warn social media failing to remove fake accounts | Sanders calls for breaking up Comcast, Verizon Bipartisan senators call on FERC to protect against Huawei threats Giffords, Demand Justice to pressure GOP senators to reject Trump judicial pick MORE (Texas), Roy BluntRoy Dean BluntTrump's legal team huddles with Senate Republicans Overnight Defense: Trump cancels presser, cuts short NATO trip | Viral video catches leaders appearing to gossip about Trump | Dem witnesses say Trump committed impeachable offenses | Trump reportedly mulling more troops in Middle East Trump legal team gears up for Senate impeachment trial in meeting with GOP senators MORE (Mo.) and Susan CollinsSusan Margaret CollinsGiffords, Demand Justice to pressure GOP senators to reject Trump judicial pick Senate confirms eight Trump court picks in three days Lawmakers call for investigation into program meant to help student loan borrowers with disabilities MORE (Maine) are among those who have called for the Trump administration to hold off on using tariffs.

Mexico recently became the U.S.’s top trading partner. The U.S. imported $346.5 billion in goods from Mexico last year, according to the U.S. trade representative.