TARIFF TRAVAILS

If de-risking from China matters, then Mexico is a strategic, low-wage alternative, and thus imposing tariffs on Mexico makes no sense. Relatedly, why impose tariffs on industries in which we don’t compete, such as potash, or low margin car parts? All tariffs do in these cases is raise costs. Lastly, I suspect that because supply chains are quite complex, the disruptive impact of tariffs is much larger than before.