Who's Winning Trump's Trade War?

 

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 One year after Trump’s tariff war began, the data reveals surprising winners and losers across the United States, Canada, and Mexico. We break down who really paid the tariffs, what happened to inflation, economic growth, trade deficits, manufacturing, and household costs, and why much of the tariff revenue may now need to be refunded. Mexico used USMCA rules to strengthen its manufacturing advantage, while Canada protected most exports through CUSMA and accelerated trade diversification beyond the U.S. We also examine Canada’s stock market performance, Mexico’s record foreign investment, and the economic consequences for American consumers and businesses. Finally, we explain what the July 2026 USMCA review could mean for jobs, prices, exporters, investors, and the future of North American trade. Watch to the end to see who is actually winning the U.S.–Canada–Mexico trade war.

 

 

 

Source:     Make That Change