Has Trump’s trade threat rewarded?The average time of the grinage released at 01:28
Courtney Subramanian
Report from Washington DC
Image source, EPAIt seems that Trump’s closest to the United States’s closest trading partner has been rewarded, and both Mexico and Canada agree to strict border security and take more major measures to deal with Fentanil’s personal trading. I am.
The strategy of utilizing the US economy to enforce concessions from other countries has been engraved on Trump’s “American First” Agenda, and American consumers have the economic results of the Continental Trade War. You can follow the core issues in the country without feeling.
“Customs duties are very powerful to get everything in financial and everything you want,” he told the elliptical office reporter on Monday. “When you are a gold pot, the customs duties are very good, they are very powerful, and they intend to make our country very rich again.”
Trump’s tariff playbook is almost new. His tariffs on steel and aluminum during his first term have promoted rebound from Mexico, Canada and European Union, but these measures are more limited.
This time, Trump has promised sweep duties for products from Mexico, Canada and China. This is planned to increase the product by 10 % on Tuesday.
But today’s victory may be more damaged than tomorrow.
After the 30 -day deadline, it is unknown whether Trump will follow the threat to Canada and Mexico, and companies will reduce their dependence on the US market and refrain from investing in new factories and employment. Workers will stir the fear of certainty until the trade stand off is more clear.
