Trump wastes no time in reigniting trade wars
Canada and Mexico look likely to suffer
Donald Trump has fired the first shot. Goods arriving in America from Canada and Mexico will meet tariffs of 25% as soon as he returns to the White House, the president-elect wrote on November 25th. Mr Trump also said that he would impose additional 10% tariffs on Chinese goods. He is not wasting any time in seeking to exert America’s influence.
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This article appeared in the Finance & economics section of the print edition under the headline “Get used to it”
Finance & economics
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From the November 30th 2024 edition
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