X

How Trump’s Tariffs May Wreck The Good Economy He Inherited

When it comes to the economy, Donald Trump was born on third base and claims he hit a triple. But now, he seems determined to be thrown out before reaching home.

His latest move is threatening to impose tariffs on all goods coming from Mexico, starting at five percent and rising to 25 percent in October. He made the announcement Thursday, even as he is asking Congress to approve a new trade deal to keep virtually all tariffs on goods from Mexico at … zero.

It’s a contradiction on the order of pressing one foot on the accelerator while using the other to stomp on the brakes. “Why even have a trade agreement if it means nothing?” former Mexican diplomat Jorge Guajardo asked a reporter for The Washington Post.

View the complete June 2 article by Steve Chapman on the National Memo website here.

Data and Research Manager: