US commerce taxes on Canada and Mexico have been paused for 30 days.
US President Donald Trump’s punishing tariffs on items from Canada and Mexico are on maintain for a month, averting for now a devastating commerce warfare amongst North America’s allies.
However US levies on Chinese language merchandise have gone into impact – and Beijing has hit again with duties of its personal. It accuses Washington of unilateralism and has filed a grievance with the World Commerce Group.
President Trump says the USA has been ripped off by “each nation on the planet”.
Are tariffs the reply? And at what price?
Presenter: James Bays
Visitors:
Dmitry Grozoubinski – Director of ExplainTrade, a commerce coverage and negotiations consultancy
Greg Swenson – Founding accomplice of funding banking agency, Brigg Macadam
Gavin Fridell – Professor of Political Science and World Improvement Research at Saint Mary’s College in Canada
