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There are tariffs on every country, not just China. This isn’t like his first term in office. Can you speak to the impacts of those tariffs?


Looking purely at import volumes, most of those other countries haven't experienced drop-offs like China. Canada exports about the same amount of goods to the US today as they did in early 2024. Mexico is in a similar trend. What I see is that when Chinese buying dipped due to exorbitant tariffs, Canada and Mexico spiked until they were also hit with tariffs, returning to their previous levels.




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