Trump’s Opening Move On February 1, Trump announced sweeping tariffs aimed at three of America’s biggest trading partners. Effective February 3, all imports from Mexico and Canada would be hit with a 25% tariff, with one exception—Canadian energy, which faced a 10% tariff. On top of that, Trump imposed an additional 10% tariff on all Chinese imports, adding to the still-lingering tariffs from his 2018 trade war. Then, just hours before the tariffs took effect, everything shifted. Mexico Makes a Deal Trump’s move sent shockwaves through Mexico, forcing immediate action. In a last-minute agreement, Mexican President Claudia Sheinbaum promised to deploy 10,000 troops to the U.S.-Mexico border to crack down on illegal immigration and fentanyl trafficking—two of Trump’s major justifications…
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