Trump’s Mexican Tariff Caper—-Madness By Any Other Name

Trump stunned the investor community when he vowed late on Thursday to impose a 5% tariff on Mexican goods escalating to 25% until the “immigration problem, is remedied.”The fear is that not only will the move further upend supply chains, shake trade diplomacy and diminish the likelihood of a near-term breakthrough with China, but that a grave new threat to the world economy has emerged…..