Trump vows to rename Gulf of Mexico 'Gulf of America': 'Has a beautiful ring'

Donald Trump continued menacing the United States' North American neighbors during a rambling news conference at his home at Mar-a-Lago Tuesday.

The president-elect has threatened to impose tariffs on Canada and Mexico, as well as other trading partners, and he vowed that he will be soon renaming the Gulf of Mexico during his speech Tuesday morning. It follows floating the idea of merging with Canada.

"Something's going to have to be done [about Canada], same thing with Mexico," Trump told reporters.