The fateful day has arrived. President Donald J. Trump told America and the world what was coming, and now it’s here. Beginning today, February 1, the US will impose tariffs on imports from Mexico, Canada, and China. The leaders of all three targeted nations vowed to respond, though exactly what those responses will be remains to be seen. After the “discussion” with Colombia last week, it seems President Trump intends to wield tariffs as a club to coerce foreign leaders to play politics his way. The question now, however, is what happens if these world leaders don’t cave as quickly as Colombia’s – or at all? Or, to put it another way, when Trump swings the club, who’s getting thwacked the hardest?
Trump’s Tariffs by the Numbers
The president announced that Canadian oil would face a 10% duty, and China would suffer another 10% across the…
