https://www.newsweek.com/trumps-tariff-proposals-are-already-working-opinion-2026576
Newly reinstalled U.S. President Donald J. Trump looked askance at an Oval Office press conference on Monday when a reporter asked him about the presence of media mogul Rupert Murdoch, who was sitting awkwardly just outside of camera view. The previous Friday, Murdoch’s Wall Street Journal had vociferously criticized Trump’s plan to impose 25 percent tariffs on most Mexican and Canadian goods, as well as a 10 percent tariff on Chinese imports.
Trump intended the tariffs, which were scheduled to take effect on Tuesday, to equalize the U.S. trade balance with its neighbors and its largest competitor, and to punish Mexico and Canada for weak border enforcement, which has allowed large-scale crossings by illegal aliens and lax interdiction of shipments of fentanyl, a deadly synthetic opioid largely manufactured in China that claims tens of thousands of American lives every year.
Despite Trump’s well-documented position, the Journal declared the expected trade war “the dumbest” in history and predicted that the new administration’s economic protectionism would backfire. It was wrong. Just before the Monday press conference, where Trump declared his “great respect” for the 93-year old Murdoch while also saying his paper’s editorialists “didn’t have any idea what they were talking about,” the world learned that Trump’s protectionist inclinations were not so dumb after all.
Despite a lot of noisy grandstanding over the weekend, during which Mexican president Claudia Sheinbaum and lingering Canadian prime minister Justin Trudeau promised to retaliate against Trump’s tariffs on a “dollar-for-dollar” basis, on Monday morning Sheinbaum signaled in a phone call with Trump that she would back down. She offered 10,000 Mexican National Guard troops to patrol Mexico’s side of the border in exchange for a 30-day pause on the tariffs. During that period, Trump announced that he would lead high-level trade negotiations between the two countries, alongside his secretaries of state, treasury, and commerce.
By late Monday afternoon, Trudeau caved in his own call with Trump, also pledging 10,000 “frontline personnel” to ramp up border security while implementing a $1.3 billion border security plan that will include technological upgrades, helicopter deployments, and cooperative measures with American law enforcement specifically directed at preventing fentanyl from crossing the U.S.’ northern border. Canada, too, will have a 30-day pause of tariffs while negotiations take place.