My Analysis of Trump's Imposition of Hefty Tariffs on Canada and Mexico

Here’s what I think will happen very quickly.

Let’s start with what doesn’t make sense.

The punitive tariffs of 25% on all imports from Mexico and Canada are not deserved. Both countries have responded positively to President Trump’s demands to reduce illegal immigration (Mexico) and illegal drugs (both countries.)

The real reason for the tariffs is the need for revenue. Imports from Mexico totaled…