Commentary: Trump’s Priorities in the Coming Trade War

President-elect Donald Trump grabbed the world’s attention on Nov. 25 when he announced that he would impose additional tariffs on Canada, Mexico and China unless the three countries could stop the flow of immigrants and illegal drugs into the U.S.

The tariffs would be 25% for Canada and Mexico, and the additional tariffs would be 10% for China. The fact that he made this statement two months before taking office indicates that he is already preparing for negotiations, marking an early start to what we might call the “Trump Trade War 2.0.”