Trump’s Mexican tariffs could wipe out his 2017 tax cut
Donald Trump likes to brag about his deal-making prowess. During his visit to the United Kingdom, he’s touting the prospects for a ‘very, very substantial trade deal.’ But even as he dangles sugarplums before the British, he’s blowing up another agreement that he wanted to complete before the 2020 election — the United-States-Mexico-Canada Agreement, which is supposed to supplant NAFTA.His attempt to fuse national security and nationalism in the form of a tariff on Mexico could end up torching his own presidency. Trump’s big idea — concocted by his aide Stephen Miller — is that he can pressure Mexico to crack down on immigration by pressuring it with tariffs.