RECOMMENDED READING
Donald Trump has imposed new tariffs on goods entering the US from Canada, Mexico and China.
The US president signed an executive order putting a 25% tariff – or tax on imports – on all goods coming from Canada and Mexico, to get both countries to crack down on illegal immigration and drug trafficking.
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Oren Cass, the director of the conservative think tank American Compass, has argued tariffs can incentivise firms to keep more of their manufacturing operations in America, which he argues has national defence and supply chain security benefits.
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Recommended Reading
Trump’s Tariff Whiplash
Six reactions to the new administration’s aggressive trade diplomacy.
Trump claims first win in big tariff gamble
President Donald Trump claimed vindication of his strategy to use tariffs to wring concessions from foreign governments.
USMCA Was Never Meant to Be Permanent
The first Trump administration’s USMCA deal needs to be just the opening salvo in our new trade dynamic.
