An Early Look At The Implications Of Tariffs And A Trade War
Source: SeekingAlpha
2025-02-04 02:30:00 ET
Summary
- Over the weekend, the Trump administration announced it was imposing a 25% tariff on goods imported from Canada and Mexico, as well as a 10% tariff on goods from China.
- We can’t know at this stage the specifics of what will come next (a back and forth continues), but in our view, trade tensions will be persistent: there’s more to come.
- Canada, Mexico and China are the largest trading partners of the US, collectively accounting for roughly 40% of all US imports: more than $1 trillion in goods per year.
By Eric Winograd
After the trade war’s opening salvos, tensions seem set to last for some time.
Over the weekend, the Trump administration announced it was imposing a 25% tariff on goods imported from Canada and Mexico, as well as a 10% tariff on goods from China. It’s a clear signal that a new trade war has begun. We can’t know at this stage the specifics of what will come next (a back and forth continues), but in our view, trade tensions will be persistent: there’s more to come....
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An Early Look At The Implications Of Tariffs And A Trade War
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