2025-01-22 01:00:20
Tariffs:
- Trump Wants Trade Deal With Canada, Mexico Renegotiated ASAP.
- Trump is using the threat of slapping stiff tariffs on Canadian and Mexican goods as early as next week to pressure the two countries to begin renegotiating the USMCA trade deal (which is not legally due for renegotiation until 2026), according to people familiar with his thinking.
- Trump is particularly focused on using the threat of tariffs to change auto industry rules under the Continental trade pact, forcing auto plants to move production from Canada and Mexico back to the U.S., according to people familiar with his thinking.