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Analysis

Watch: Inside Trump’s tariffs on Canada, Mexico, China

'Yeh, [USMCA is] his deal, but you can always get a better deal, perhaps use the new tariffs as a cudgel to get better terms...' -- trade attorney Jessica Rifkin

By Jason Huffman | Feb. 3, 2025 18:08 GMT
US president Donald Trump at a campaign event in February 2024. Photograph by Jonah Elkowitz on Shutterstock.
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The impending 25% tariffs on Canada and Mexico could be US president Donald Trump's strategy to get a better deal when the US Mexico Canada Agreement (USMCA) comes up for renegotiation next year, suggests trade attorney Jessica Rifkin, a principal and head of the customs and trade practice at Olsson Frank Weeda.  [...]

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