Donald Trump paused new tariffs on Canadian goods after the U.S. and Canada reached a deal. But how much is a Trump deal worth at this point? Economist Jared Bernstein joins The 11th Hour with Ali Velshi to discuss how Trump’s policies are reshaping global trade relations.
A deal ended the Trump administration’s blocking of a new bridge that will ease congestion at the busiest trade corridor between the United States and Canada.
A top U.S. trade official heads to Mexico on Thursday for talks expected to keep tariffs at the center of North American trade policy, even as American consumers face an average $700 increase in costs this year from U.S. tariffs.
He further called the "de mininis" loophole a "deep swamp scam" and highlighted that Trump himself quickly ended the loophole upon his return to the White House.
Despite Trump concluding agreements with major trading partners in the Pacific Rim, the UK, the EU, and other parts of the world, the Canadian and Mexican deals have been slow to formalize.