
Tariffs Meet Fordism: Trumps Economic Policies in Practice.
American President Donald Trump declared a national state of emergency under the International Economic Emergency Powers Act, placing an additional 25% tariff on imports from Canada and Mexico and a 10% additional tariff on Chinese imports.Tariffs are a way for governments to raise revenue and protect domestic industries from foreign competition. President Trump did this to hold the close trading partners accountable for their commitments to halting illegal migration and stopping the flow of fen...