The use (and misuse) of tariffs in North America: A new trade war?

Authors

Maroula Khraiche, The University of Texas Rio Grande ValleyFollow
Armando R. Lopez-Velasco, The University of Texas Rio Grande ValleyFollow
Jean-Baptiste Tondji, The University of Texas Rio Grande ValleyFollow

Document Type

Article

Publication Date

Spring 2025

Abstract

Trade wars may have started. At the time this report was published, the Trump administration had threatened, then paused, a 25 percent tariff on Canadian and Mexican goods. Before the pause, Mexico and Canada were preparing retaliatory tariffs. After the pause, Trump ordered a 25 percent import tax on all steel and aluminum entering the United States to start in March 2025 and announced a plan for tariffs on US trading partners. In this brief, we document the different perspectives and economic consequences of North American trade wars and beyond.

Comments

Copyright the author(s).

Recommended Citation

Khraiche, M., Lopez-Velasco, A.R. and Tondji, J.B., 2025. The use (and misuse) of tariffs in North America: A new trade war? Center for Border Economic Studies, Border Business Briefs, Spring, 20(1). https://dx.doi.org/10.2139/ssrn.5145133

Publication Title

Center for Border Economic Studies, Border Business Briefs

DOI

10.2139/ssrn.5145133