President-elect Donald Trump said Jan. 7 he plans to order “very serious tariffs” against Canada and Mexico — and that he will rechristen the Gulf of Mexico as the Gulf of America. “Canada is subsidized to the tune of about $200 billion a year, plus other things. They don’t essentially have a military. They have a very small military. They rely on our military. It’s all fine, but they got to pay for that,” Trump said during a press conference at his Mar-a-Lago resort in Palm Beach, Fla.