Bloomberg

Why Trump’s Tariff Threats Get Taken So Seriously: QuickTake Q&A

To make good on his promise to put America first and create 25 million new jobs over the next decade, Donald Trump’s weapon of choice is imposing (or threatening) stiff tariffs on nations he deems to have an unfair advantage over the U.S. His biggest targets are China and Mexico. Trump also threatens to hit U.S. companies with heavy tariffs if they send jobs overseas. His broad authority to impose tariffs may explain why companies have been quick to withdraw plans to expand factories in Mexico.

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