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Michigan

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marmar

(78,397 posts)
Sat Feb 8, 2025, 12:07 PM Feb 8

Michigan could pay bigly for Trump's trade war [View all]


(Michigan Advance) It’s not about the fentanyl.

President Donald Trump backed off threats to slap 25% tariffs on goods from Canada and Mexico starting Tuesday, saying the two countries had agreed to measures designed to address the flow of the deadly drugs and unauthorized immigrants into the United States.

....(snip)....

Michigan Gov. Gretchen Whitmer said the tariffs on Mexican and Canadian goods would have put more than a million jobs at risk and “hit working-class, blue-collar families especially hard.” Those are the folks whose votes Trump relentlessly sought during numerous visits to Michigan in his two election campaigns.

The tariff delay was classic Trump: wring out a few seemingly important new concessions from trading partners and declare a victory.

....(snip)....

His actions also threaten the future of “nearshoring,” an effort to move supply chains away from hostile countries like China closer to home to Mexico and other friendly trading partners. The concept took hold during the COVID pandemic when the U.S. found itself dependent on masks and other low-cost medical products from China. ..............(more)

https://michiganadvance.com/2025/02/08/michigan-could-pay-bigly-for-trumps-trade-war/




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