Understanding the Impending Reciprocal Tariffs in Trade

By Terri Wu President Donald Trump is using tariffs—essentially taxes paid by foreign companies to access the U.S. market—as a primary tool to achieve his America First agenda. And it has delivered results for him so far. Canada and Mexico both struck deals with the president after he vowed 25 percent tariffs on the two countries unless they drastically reduce the flow of illegal…

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