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Tariff Tangle: How Trump's Trade Gambit Could Backfire on American Wallets

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Michael Roberts
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The recent Trump administration's decision to impose new tariffs on Canada, Mexico, and China is a significant and controversial move that will have far-reaching economic and political implications. For starters Canada is a NATO ally and an historically important trading partner with cordial and friendly relations with the United States. Donald Trump has arrogantly suggested that Canada become part of the United States and its prime minister the new governor. Such imperialistic posturing and braggadocio are part of the Trump playbook - intimidate, bully, threaten and demonize both friends and adversaries. Curiously, this part of the second Trump Administration's "America First" policy.

Trump's Rationale and Justification

The White House has justified these tariffs primarily on the grounds of combating the illegal fentanyl trade. For example, press Secretary Karoline Leavitt stated that the tariffs are being implemented "for the illegal fentanyl that they have sourced and allowed to distribute into our country, which has killed tens of millions of Americans." This framing attempts to link trade policy with national security and public health concerns. However, this justification is problematic for several reasons:

Misattribution: While China has been a significant source of fentanyl precursors, Canada and Mexico are not major producers. Lumping these countries together oversimplifies a very complex issue.

Effectiveness: Tariffs are a blunt instrument for addressing drug trafficking, a kind of bulldozer approach. It's unclear how broad economic penalties will directly impact the illegal drug trade.

Diplomatic strain: Using tariffs as a punitive, bullying measure against close allies like Canada and Mexico risks damaging crucial relationships and cooperation on multiple fronts, including drug enforcement.

The Economic Impact

The proposed tariffs are also likely to have significant economic consequences:

1. Consumer costs: Higher tariffs will most likely lead to increased prices for American consumers on a wide range of goods, from automobiles to food products.

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MICHAEL DERK ROBERTS Small Business Consultant, Editor, and Social Media & Communications Expert, New York Over the past 20 years I've been a top SMALL BUSINESS CONSULTANT and POLITICAL CAMPAIGN STRATEGIST in Brooklyn, New York, running (more...)
 

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