10min chapter

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Thy neighbours, beggared: Trump’s opening tariffs

Economist Podcasts

CHAPTER

Tariffs and Trade Wars in North America

This chapter examines the implications of President Trump's tariffs on goods from Canada and Mexico, highlighting the historical context of NAFTA and USMCA. It discusses the potential economic disruptions, retaliation strategies from Canada and Mexico, and the complexities of trade relationships under protectionist policies. The chapter raises critical questions about the effectiveness of tariffs in negotiating trade deficits and their broader impact on the North American economy.

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