Tariffs Using Emergency Economic Powers Risk Undermining U.S. Economic Security
In January 2025, President Trump invoked the IEEPA to impose sweeping tariffs—25 percent on Mexican and Canadian goods, 10 percent on Chinese imports—citing the fentanyl crisis as justification. But here’s the twist: these tariffs may backfire. North America’s supply chains are deeply integrated—think a Ford Bronco assembled in Mexico with a U.S.-made engine. Disruptions could cost U.S. households $1,250 annually and spark retaliatory tariffs. From an international trade lens, this move jeopardizes strategic alliances vital for countering China’s rise in critical minerals and tech. In short, weaponizing tariffs risks undermining the very economic security they aim to protect.https://www.csis.org/analysis/tariffs-using-emergency-economic-powers-risk-undermining-us-economic-security
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