Matt Dixon | NBC News
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The impacts of Donald Trump’s long-promised pledge to use tariffs as a political cudgel started to come into focus Monday, even as the president cut last-minute deals with some of the country’s closest allies allowing him to back down from his initial threats.
On Saturday, Trump announced that he would slap broad 25% tariffs on Canada and Mexico, both U.S. allies, and 10% tariffs on China, a political foe. The move was expected, but it still sparked fears about the rising costs of goods across the U.S. economy.
That concern is particularly potent...
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