President Donald Trump’s tariffs are designed to boost US manufacturing, restore the balance of trade and fill America’s coffers with tax dollars. The White House’s record on those three goals has been a decidedly mixed bag.
But Trump has a fourth way that he likes to use tariffs. Trump has repeatedly threatened tariffs as a kind of anvil dangling over the heads of countries, companies or industries.
The subjects of Trump’s tariff threats have, at times, immediately come to the negotiating table. Sometimes, threats just work.
Canada
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