And the tariffs are on pause. Why? Because both Mexico and Canada have agreed to Trump's demands on border security. Access to the US economy is like one of Willy Wonka's golden tickets and Trump leveraged that golden ticket to get our neighbors on board with his new border policies. Though there was a blip of resistance with claims of counter tariffs, that was nothing more than face-saving bluster. As pointed out in an earlier blog, the US accounts for a huge portion of Canada and Mexico's economies whereas they are just a sliver of ours. They were kittens meowing at a lion.
To guarantee follow through on these promises, Trump has only paused the tariffs. Let's not have those agreements where we live up to our end while the other side doesn't.
It is funny that so much was made of Trump's tariff threat after he had used it so successfully against Colombia. Will there be as much shock and dismay when next he rolls out his tariff tactic? Probably.
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