Trump's Tariffs Threaten Trade Deal
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new tariffsWashington Examiner
•US Politics
US Politics
Trump’s tariff threats could undermine future trade deals - Washington Examiner
74% Informative
President Donald Trump says 25% tariffs against Mexican and Canadian imports will go live as scheduled next week .
The impact of those tariffs could severely damage the spirit of the U.S.-Mexico-Canada agreement.
The trade deficit with Canada and Mexico has surged since the deal was reached.
Trump has pushed back the implementation of his Canada - Mexico tariffs twice.
Many observers don’t expect the Canada and Mexico import duties to materialize, at least not at the 25% rate Trump targets.
Walmart CFO John David Rainey said the retail giant would not be “completely immune” from rising import costs if they go through.
The governments of Mexico and Canada have offered concessions to Trump in an effort to ward off the tariffs.
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