Trump seeks to put pressure on his trading partners through tariffs to solve migration and security problems.
Business, government and specialist actors rule out Trump complying with this measure, since it is only a weapon to negotiate on his national security issues.
“Well, we are thinking in terms of 25% in Mexico and Canada because they are allowing a large number of people. Canada is a country that abuses drugs a lot, and also a large number of people who come to the United States and want to buy fentanyl,” Trump said.
Business Review
Trump also signed the America First Trade Policy memorandum, which states that the Secretary of Commerce and the Secretary of Homeland Security will evaluate illegal migration and fentanyl flows from Canada, Mexico, China and any other relevant jurisdictions and They will recommend appropriate trade and national security measures to resolve that emergency.
Also the Secretary of Commerce, in consultation with the Secretary of the Treasury and the United States Trade Representative, will investigate the causes of large and persistent annual trade deficits in goods.
“As well as the economic and national security implications and risks resulting from such deficits, and will recommend appropriate measures, such as a global supplementary tariff or other policies, to remedy such deficits,” the document reads.
Additionally, with the review of the USMCA on the horizon (2026), the United States Trade Representative, in consultation with the heads of other relevant executive departments and agencies, will evaluate the impact of the agreement with Mexico and Canada on workers, farmers, ranchers, service providers and other U.S. businesses and will make recommendations on U.S. participation in the agreement.
