What could get more expensive if Trump launches a new trade war with Mexico and Canada | CNN Business

New York CNN  — 

During President-elect Donald Trump’s first term, America launched an all-out trade war with China to boost US manufacturing, secure US national security interests and resolve what Trump believed was an extremely out-of-balance trade relationship.

President Joe Biden kept most of those tariffs in place and added a few new ones, too. While leaders of the two nations continue to butt heads, US consumers have paid the price, shelling out more money on goods imported from China.

Now Trump is focusing his attention on America’s largest and third-largest trading partners: Mexico and

→ Continue reading at CNN - Business News

More from author

Related posts

Advertisment

Latest posts

Why Personal Health and Wellness Are Key to Business Longevity

Opinions expressed by Entrepreneur contributors are their own. The Kowloon Motor Bus Company, which my grandfather William Louey Sui-Tak founded in 1921,...

YouTube Just Shared the Final Message From Its Former CEO Susan Wojcicki Who Died From Lung Cancer This Summer. Read Her ‘Most Important Lesson.’

Former YouTube CEO Susan Wojcicki died in August from lung cancer at age 56. She was Google's 16th employee and reportedly rented out her...

I Tried New Sleep Tech From the Cult-Favorite Brand Behind Theragun. Should You Add It to Your Holiday Wish List?

In 2024, for the first time since Gallup polling in 2001, the majority of Americans (57%) said they would feel better if they got...