We only made it half a week into the election before President Trump’s trade war made headlines. This time, it was 25 percent tariffs on imports of autos and auto parts for “national security” reasons, which will take effect on Wednesday.
Next week, we’ll also see whether potential “reciprocal” tariffs will also be applied to Canada and others, and if broad tariffs will expire. We’re also expecting a U.S. government study on “unfair trade” that Trump ordered in a day-one executive order.
