In 2020, Donald Trump replaced the NAFTA with the USMCA, which prohibits tariff increases. However, Trump has threatened new tariffs on key allies Canada and Mexico, exploiting presidential powers. This move indicates a breach of trust that could dissuade allies from future agreements. Additionally, the Trump administration's disregard for international norms raises concerns. They are reportedly considering withdrawing from global financial institutions like the IMF. Trump’s approach conceals corporate interests under the guise of protecting American workers, raising questions about long-term implications for trade relationships and global stability.
Mr Trump's administration doesn't care – it thrives on defying global norms.
Mr Trump is exploiting presidential emergency powers to push these tariffs with no real constraints.
Allies will think twice before signing deals with Washington, fearing future betrayals.
Mr Trump sells tariffs as a shield against globalisation, claiming to protect workers while actually boosting Wall Street profits.
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