The United States’ neighbors seem eager to avoid a major trade-and-tariff standoff with Washington as Donald Trump returns to the White House, but Beijing is readying for round two after trading blows with the Republican president during his first administration.
Though Trump has long expressed support for tariffs, he set off an international firestorm this week with his Day One plans to shake up trade relations with key economic partners.
“On January 20th, as one of my many first Executive Orders, I will sign all necessary documents to charge Mexico and Canada a 25% Tariff on ALL products coming into the United States, and its ridiculous Open Borders,” Trump announced this week.