Tariffs and Trade Tensions

This chapter examines the Trump administration's implementation of tariffs on Mexico and Canada, initially viewed as a negotiating tactic. It highlights the market's adverse reaction to these tariffs, including stock price declines and fluctuations in interest rates, before rebounding following postponed tariffs. Additionally, the chapter discusses the implications of tariff changes for small businesses and the broader economic landscape amidst ongoing trade negotiations and military presence at the borders.