President-elect Donald Trump’s promise to hit goods from Mexico and Canada with 25% tariffs when he returns to the White House on Monday could strain trade relations among the three nations, experts said during an online forum.
“We have to start from the premise that the application of 25% tariffs against all products from Canada and Mexico is a huge blow to the USMCA [United States-Mexico-Canada Agreement] and a huge blow to our confidence in the U.S. as an ally,” Steve Verheul, Canada’s chief...