Trump's new tariffs on Canada and Mexico, despite their status as close allies, may escalate tensions, disrupt economies, and fail to address the drug issue.
The world is pivoting towards nearshoring and friendshoring to mitigate supply chain risks, making Trump's tariffs on Canada and Mexico counterproductive.
While Trump intends to tackle illegal drugs with tariffs, it's questionable if penalizing critical trading partners is an effective strategy for combating this issue.
Though targeting Canada and Mexico for tariffs seems irrational given their intertwined economies with the U.S., Trump's approach reflects his longstanding belief in tariffs.
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