Doug Holtz-Eakin: Trump’s Tariffs on Our Allies Are ‘Among the Most Dangerous Things’ He Has Proposed

‘Mexico. U.S. and Canada have lots and lots of economic linkages’

EXCERPT:

HOLTZ-EAKIN: "Well, that‘s not a very accurate characterization of the relationship. I mean, trade is beneficial for both parties. We buy things from Canada because they‘re relatively cheap compared to doing them here, and they buy things from us for the same reason. And so I think the important thing to recognize is that we talk about the U.S. and Canada, but there‘s one unified economic entity called North America. Mexico. U.S. and Canada have lots and lots of economic linkages. They are tightly intertwined. And the notion that we can put tariffs on both those countries and somehow separate ourselves is actually courting great economic danger. That‘s a really — probably among the most dangerous things the president‘s proposed."

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