President Trump is going back on his campaign promise of making Mexico pay for “the wall”.
The only way to win a trade war is not to fight one.
The Democrats could not have asked for a better ally than Donald Trump when it comes to trade protectionism.
Since NAFTA went into effect in 1994, U.S. imports of goods from Mexico have grown from about $4 billion per year to about $28 billion (annual rate as of March 2017). Americans have also purchased a lot more services, not counted in this measure, from Mexicans during the past two decades (e.g., tourist services...
Read More »