Trump isn’t even in office yet, but his influence is heard loud and clear throughout the globe. Earlier today, Trump posted on his Truth Social account that he would put a 25% tariff on Mexico and Canada if they don’t stop the illegal migrants coming in from their country into the U.S. and the drugs that are coming with it. As soon as it was posted, the new President of Mexico quickly dismantled the current migrant caravan headed to the southern border. As well, Canada’s Prime Minister Justin Trudeau quickly called Trump to discuss plans to fix any issues that he may have.
Mexico’s President did however clap back by saying if Trump did impose any tariffs on Mexico, that they would impose them back. About 70% of our cars are assembled in Mexico. Not sure what leverage Mexico has but they have obliged by stopping the migrant caravans crossing through their country, which is good for a start. If you recall, America has a fentanyl crisis, and a lot of them are coming through Mexico and Canada.
