
TRUMP’S RETURN THREATENS RESURGENCE OF TRADE WARS
Donald Trump’s second presidential term promises a return to tariffs as he pressures partners and rivals to tackle everything from migration to drug trafficking, while protecting US industries — in moves that could trigger new trade wars.
Even before taking office, Trump raised the prospect of fresh levies on companies, countries, and groups of states as he sought to implement his agenda.
He has vowed tariffs on Mexico, Canada and China until they crack down on fentanyl and border crossings, and he threatened “economic force” against Ottawa after suggesting Canada should become the 51st US state.
Trump also warned of 100 percent tariffs on BRICS nations — a bloc including Brazil, Russia, India, China and South Africa — if they create a rival to the US dollar.