President Trump is brandishing the U.S. economy like a weapon, putting more than a trillion dollars of trade on the line as he opens economic wars on multiple fronts. He has threatened tariffs on the United States’ closest trading partners, which are together responsible for more than 40 percent of American imports, to try to force them to accede to …
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President Donald Trump announced broad tariffs Saturday on major US trading partners Canada, Mexico and China, citing a “major threat” from illegal immigration and drugs — a move that sparked promises of retaliation. Canadian and Mexican exports to the United States will face a 25% tariff starting Tuesday, although energy resources from Canada will have a lower 10% levy. Goods …
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When Dennis Nixon started working at a regional bank in Laredo, Texas, in 1975, there was just a trickle of trade across the border with Mexico. Now, nearly a billion dollars of commerce and more than 15,000 trucks roll over the line every day just a quarter mile from his office, binding the economies of the United States and Mexico …
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