On Thursday night, President Trump reignited the trade conflict with Mexico. You may be thinking, “Wait, didn’t he repeal the steel and aluminum tariffs two weeks ago, and didn’t the White House just submit to Congress the revised NAFTA deal, now known as the United States-Mexico-Canada Agreement, or USMCA?
Read MoreAt 12:01am Friday morning, the U.S. imposed previously announced tariffs on the European Union, Canada and Mexico. When the plan was unveiled back in March, the three regions were given a reprieve. The hope was that during a cooling off period, the U.S. would be able to convince the three to restrict metal shipments, as it had been able to do with South Korea, Brazil, Australia and Argentina.
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