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President Donald Trump claimed vindication of his strategy to use tariffs to wring concessions from foreign governments as Canada and Mexico reached agreements to pause such duties for a month.
āWell, how do you like them apples?ā Vice President JD Vance asked on Monday.
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āA tariff that makes no sense from one perspective might be entirely wise and effective from another,ā American Compassās Oren Cass contended onĀ an X thread. āMany otherwise serious economists have criticized Trumpās China tariffs for failing to reshore manufacturing. But they were decoupling tariffs, and they achieved that.ā
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The first Trump administration’s USMCA deal needs to be just the opening salvo in our new trade dynamic.
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Donald Trump has imposed new tariffs on goods entering the US from Canada, Mexico and China.
