Shortly after last November’s election, Trump threatened China, Mexico, and Canada with 10% and 25% tariffs, respectively.

U.S. President Trump said that his administration could impose a 25% tariff on Mexican exports. But will he actually act on his threat?

Trump has repeatedly insisted that tariffs are coming on Canada and Mexico, despite both countries seeking to address his stated concerns about illegal border crossings and the smuggling of fentanyl. But the Republican president is also motivated by the idea that tariffs would force other countries to “respect” the United States.

Trump’s tariff threat soon escalated beyond a simple tax dispute. The Trump administration issued a series of harsh retaliatory sanctions and penalties, including visa sanctions