Trucks wait for border customs control before crossing into the US from the Cordova-Americas border in Ciudad Juarez, Mexico. REUTERS/Jose Luis Gonzalez
Photo Credit: REUTERS/Jose Luis Gonzalez

Trump's threatened tariffs projected to damage economies of US, Canada, Mexico, and China

Warwick J. McKibbin (PIIE; Australian National University) and Marcus Noland (PIIE)

President Donald J. Trump has threatened to impose tariffs of 25 percent on Mexico and Canada, and an additional 10 percent tariff on China in response to conflicts over illegal immigration and the flow of drugs into the US. Our analysis finds that these measures would damage all the economies involved, including the US.

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