The reaction in Washington to the Canada-U.S. deal to pause tariffs is as polarized as the politics. To those on the U.S.
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While Trump’s threatened duties would generate significant tax revenue, they could also hurt the broader economy.
On Feb. 1, President Donald Trump announced tariffs on Canada, Mexico and China. By Feb. 3, the tariffs threatened on Mexico and Canada were deferred for a month, while those on China stayed in place.
GEOFFREY GERTZ is a Senior Fellow with the Energy, Economics, and Security Program at the Center for a New American Security.