Part 2/9:
The Trump administration has instituted tariffs targeting China, aiming to recalibrate trade dynamics. However, these tariffs have extended to Canada and Mexico, leading to significant discontent. Despite this friction, a potential path forward that circumvents an all-out tariff war may exist. US Treasury Secretary Scott Bessen has suggested that Mexico might consider matching U.S. tariffs on Chinese goods. This proposition holds weight because it comes from a key figure in the administration, marking a departure from the historical leanings of the Treasury, which typically favored trade with China.