What will be the impact of a North American trade war?

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Financial Times 13h ago

What will be the impact of a North American trade war? - Financial Times

Quick Summary:

Mexico also announced it would impose retaliatory tariffs on US goods without specifying the size or the targets.

Trump said the actions were in response to the “major threat” posed by the flow of migrants and drugs into the US across its borders with Canada and Mexico.

Trump threatened to apply broad tariffs to Mexico in 2019 over immigration issues, invoking IEEPA, but ultimately did not use them.