Trump Shifts From Lifting Up America’s Neighbors to Hurting Them

Published On Mar 6, 2025, 10:09 AM

President Trump has imposed a 25% tariff on approximately $1 trillion worth of imports from Canada and Mexico, disrupting more than 30 years of economic agreement under the free-trade pact. This significant change is likely to drive Canada and Mexico into recession, while also increasing costs for American consumers and manufacturers. The tariffs could prompt some factories to relocate to the U.S. to avoid these costs, but overall, this move signals a shift in U.S. trade strategy towards protectionism and could have far-reaching economic consequences for North America.