https://www.bloomberg.com/authors/ABoYnuwCPtk/jeffrey-schott RSS for Node Thu, 14 May 2026 11:29:02 GMT https://www.bloomberg.com/view/articles/2019-07-16/trump-s-nafta-alternative-is-a-bad-deal https://www.bloomberg.com/view/articles/2019-07-16/trump-s-nafta-alternative-is-a-bad-deal Tue, 16 Jul 2019 10:00:04 GMT Semi-trucks wait for inspection before crossing the border at the Zaragoza International Bridge, in Juarez, Mexico, across the border from El Paso, Texas on May 31, 2019. - President Donald Trump escalated his abrupt tariff threats against Mexico, triggering alarm about the likely economic fallout, spooking global markets and raising the prospect of US trade wars on multiple fronts. Trump unexpectedly announced his readiness to levy tariffs on all Mexican imports, beginning at five percent starting June 10 and rising monthly to as high as 25 percent until Mexico substantially reduces the flow of illegal immigration. (Photo by Paul Ratje / AFP) (Photo credit should read PAUL RATJE/AFP/Getty Images)