Trump’s Tariffs on Canada and Mexico: Economic War or Political Gambit?
President Trump confirmed that previously delayed tariffs on imports from Mexico and Canada will be reinstated next week. These 25% tariffs, along with a 10% duty on Canadian energy, are justified by alleged border security failures in those countries. A month-long delay, granted after pledges from Mexican President Sheinbaum and Canadian Prime Minister Trudeau to enhance border security, is expiring. Trump’s decision follows earlier imposition of tariffs on Chinese imports and his stated intention to use reciprocal tariffs with various trading partners.
John Q. Hosedrinker