The trade war is off—for now. What would tariffs mean for Washington?
The threat of a trade war against the United States' nearest neighbors is off for now.
Last week President Donald Trump said he was placing a 25% tariff on goods from North American trading partners Mexico and Canada.
In an executive order, Trump said he was using the United States’ economic leverage to push the countries into better border enforcement. He also said he was seeking to balance out a trade deficit. The announcement led to widespread anxiety and confusion across US borders.
However, yesterday we learned that tariffs on Mexico have been paused for a month after negotiations…
The skinny
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