June 8, 2019

The effectiveness of President Donald Trump’s unprecedented weaponization of tariffs in addressing non-trade issues is facing its most significant tests yet in Mexico and China.

In the case of Mexico, he had threatened new 5% tariffs on Mexican goods – which were to be imposed as early as Monday. The aim was to force the Mexican government to stem the flood of undocumented migrants across U.S. borders.

The United States and Mexico reached a deal Friday night in which Trump dropped the tariff threat in return for Mexico’s commitment to increased immigration enforcement.

Read more:

https://www.cnbc.com/2019/06/07/trump-plays-risky-game-by-weaponizing-tariffs.html