Trump Targets Mexico and Canada with Tariffs
President-elect Trump added another wrinkle to tariff worries with a Truth Social post promising a round of tariffs on top trade partners immediately upon inauguration, proposing a 25% tariff on all products from Mexico and Canada and an additional 10% for Chinese goods on top of existing rates. The proposal raises questions about USMCA violations and where the Chinese impositions fit into earlier threats of 60% or higher levies on goods from the PRC. With the USMCA sunsetting in 2026, former National Foreign Trade Council president William Reinsch opined to Reuters ... Log in to view full article.