The episode has been damaging to US credibility, predictability of supply chains and yes corruption/and power concentration (whose lobbying works). Plus in short term one month reprieve only increases effort to maximize imports in short-term widening trade deficit
Reposted from
Abe Newman
1/No one should breath easier because of auto exemption in US/Mexico/Canada tariffs. The damage to US credibility is already done. And they generate huge incentive for corruption as auto companies are over a barrel to maintain these carve outs.
www.politico.com/news/2025/03...
www.politico.com/news/2025/03...
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