U.S. president-elect Donald Trump's pledge to hit Canada and Mexico with 25 per cent across-the-board tariffs has sent shockwaves through America's closest neighbours — but it's likely just a first step in his plan to rattle a critical trilateral trade pact.
U.S. president-elect Donald Trump speaks during a meeting with Republican governors at Mar-a-Lago, Thursday, Jan. 9, 2025, in Palm Beach, Fla.
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