Moore, who used to unabashedly favor free trade, said Trump convinced him that tariffs can be used as a negotiating tool.
Trump’s recent threat to impose a 25% tariff on all imports from Canada got the immediate attention of Ottawa.
It’s possible that Trump 2.0 uses tariffs, or at least the threat that he’ll impose tariffs, to get Mexico, Canada, China or other countries to address legitimate issues such as drug trafficking.
Even Moore conceded that using tariffs to threaten BRICS nations is a “very, very flawed strategy” by Trump.
During Trump’s first term, everything from US autos and soybeans to whiskey were targeted with retaliatory tariffs.
Persons:
Donald Trump, Trump, ” Stephen Moore, Trump’s, Moore, ”, “, ” Karoline Leavitt, Vance, ‘, ’ Christine McDaniel, George W, Bush, George Mason University’s, McDaniel, Justin Trudeau, Trudeau, Stephen Moore, Samuel Corum, It’s, Erica York, York, ” York, There’s, Dean Baker, I’ll, Baker, Joe Biden, ’ Trump, ” Baker, Smoot, Hawley, ” Moore
Organizations:
New, New York CNN, United, CNN, Trump Economic, Trump, Washington, Canadian, Pacific Partnership, Heritage Foundation, Getty, Commerce Department, Tax Foundation, Economic, Policy Research, European Union
Locations:
New York, United States, Mexico, China, Canada, Ottawa, Mar, Japan, Tokyo, Beijing, United Kingdom, Rust, Brazil, Russia, India, South Africa