Trump’s tariff tactics turn north, as Chinese negotiations stall
Ever the businessman, Donald Trump is plowing forward in the realm of trade despite setbacks in the far east.
President Trump is a businessman at his heart, and that is one of the myriad of reasons why the American electorate chose him over Hillary Clinton in 2016.
His skills in the boardroom are something that Americans are counting on the Commander in Chief to employ during his time in the Oval Office, and so far the gamble of choosing a CEO over a career politician has been paying dividends for the economy.
President Trump’s unemployment numbers are staggering, with a record number of Americans able to find gainful employment. The figures rival records that have been held for decades in the United States, and have affected all Americans positively, across demographics.
Now, as The Donald faces a tough trade adversary in Beijing, he’s turning his attention to our northern neighbors as the he puts the finishing touches on the USMCA.
President Donald Trump has announced a deal with Canada and Mexico that would scrap “major tariffs,” ending a simmering trade dispute that began when the president imposed tariffs on imported steel and aluminum in the name of national security.
Trump addressed the agreement while speaking before The National Association of Realtors. He urged Congress to approve a new trade pact between the three nations to replace the North American Free Trade Agreement.
Trump did not mention the tariffs he imposed last year on steel and aluminum imports. But he said “we’ll be selling our product into those countries without the imposition of tariffs, or major tariffs.”
The move comes not a moment too soon for many Americans, particularly in the agriculture sector.
While not a directly related industry, farmers in the US suffer mightily when other nations issue retaliatory tariffs against American goods.
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