Tariffs and Trade Policy Shifts

This chapter explores the role of tariffs as protective measures for domestic industries against international competition, particularly in the context of the U.S. government's recent shifts under the Trump administration. It examines the motivations behind these tariff decisions, including tackling issues like illegal fentanyl trade and migration, while also detailing the responses from Canada and Mexico. The chapter highlights the concerns of affected U.S. industries, especially in automotive manufacturing, as they navigate the new trade landscape and lobby for exemptions.