The flurry of govt orders issued by Donald Trump on his first day again as president confirmed the excessive precedence he locations on making America’s borders much less porous. His efforts to “repel the disastrous invasion of our nation” by migrants and medicines from Mexico and Canada could quickly embrace stemming the passage of automobiles. A promise to impose sweeping tariffs on “day one”, together with a 25% levy on items from the 2 international locations except they do extra to cease the flows of individuals and unlawful medication, was pushed again, however solely to February 1st. Whether or not tariffs are imposed then or at a later date, the results for the automotive trade could be immense.
