
Over the weekend, President Trump issued executive orders heaping significant additional tariffs on America's biggest trading partners, Canada, China, and Mexico. To justify the tariffs—"a 25 percent additional tariff on imports from Canada and Mexico and a 10 percent additional tariff on imports from China"—Trump claimed that all partners were allowing drugs and immigrants to illegally enter the US. Declaring a national emergency under the International Emergency Economic Powers Act, Trump's orders seemed bent on "downplaying" the potential economic impact on Americans, AP News reported. But very quickly, the trade...