Politics and Government Politics and Government
Wed, December 4, 2024

If Trump starts a trade war with Mexico and Canada, where will Americans get all their stuff from?


Published on 2024-12-04 14:09:47 - Brian Stokes, N@N
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  • President-elect Donald Trump appears keen on launching a simultaneous trade war with America's three biggest trade partners: Mexico, China and Canada.

The article discusses the potential economic repercussions if former President Donald Trump were to initiate a trade war with Mexico and Canada, key trading partners under the USMCA (United States-Mexico-Canada Agreement). It highlights that the U.S. imports a significant amount of goods from these countries, including vehicles, machinery, and agricultural products. If trade relations sour, Americans might face higher prices and reduced availability of these goods. The article suggests that alternative sourcing could involve increasing domestic production, which might not be immediately feasible due to capacity and cost issues, or looking towards other countries like China, which could lead to its own set of geopolitical and economic challenges. Additionally, it mentions the possibility of retaliatory tariffs from Mexico and Canada, which could further complicate trade dynamics and affect industries like automotive manufacturing that rely heavily on cross-border supply chains.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/politics/government/if-trump-starts-a-trade-war-with-mexico-and-canada-where-will-americans-get-all-their-stuff-from/ar-AA1vfLa1 ]
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