Could a tariff war erupt between the United States and Mexico? A top Mexican official said his country might retaliate if the Trump administration placed steep tariffs on Mexico.
Could a tariff war erupt between the United States and Mexico? A top Mexican official said his country might retaliate if the Trump administration placed steep tariffs on Mexico.
I see interests colliding in the future and I’m curious to how it plays out. Mexico is clearly going to be much less diplomatically available for Trump, so long as he keep his same rhetoric and plans going. This significantly lowers the leverage US auto makers have in lobbying Uncle Sam to use diplomacy to keep Chinese EV plants out of Mexico. Trump certainly seems to be driving Mexico toward China, and his economic moves in his first term drove China to Mexico, these bridges are already built, many of the Chinese goods that he kept out of the US simply went south.