Exploiting trade as a weapon

Harsha Kakar Incoming US President, Donald Trump, mentioned that amongst his first acts as President would be imposing 25% tariffs on all imports from Canada and Mexico as also an additional 10% on imports from China. The reason given was illegal immigration and movement of drugs from Mexico and Canada, while it was fentanyl smuggling from China. This is not the first time Trump has done so. In 2018 he imposed 25% tariff on Canadian steel and 10% on aluminium … Continue reading Exploiting trade as a weapon