The Guardian view on Trump's trade betrayal: rhetoric hides trickle down economics on steroids | Editorial
Briefly

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.
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