The Intelligence from The Economist No way to tweet a friend: Trump’s Mexico tariffs
Jun 10, 2019
The podcast dives into the implications of President Trump's tariff threats and Mexico's response to tighten immigration. It highlights the delicate balance between trade and immigration policies and examines the strained relations between the U.S. and Mexico. The episode also touches on China's ambitious environmental initiative against desertification, revealing unintended consequences. Additionally, it shares the lives of Filipino seafarers, emphasizing their crucial economic contributions and the struggles they face both at sea and upon returning home.
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Weaponizing Tariffs
- Trump's tariff threats against Mexico differ from those against China.
- He's using tariffs to achieve non-trade-related goals, like immigration control.
Impact on China Trade War
- Trump's actions damage trust with China.
- If he reneges on deals with Mexico, why would China negotiate?
Political Coup?
- Trump's tariff threat success depends on his interpretation.
- Bullying a smaller country might encourage similar tactics, or he might realize he overreached.