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The United States openly violated the NAFTA treaty last week. True, there's a mess of a gang war along Mexico's border with the United States, but closing the southern border to truck traffic (long a goal of unions in the United States) is a no-no under the terms of the treaty and Mexico has fired a return volley, smacking a number of U.S. exports with tariffs up to 45%. Ouch.
You'd think these people never heard of the Great Depression. Smoot-Hawley here we come!
Mexico Puts Tariffs on U.S. Goods in Truck Dispute [Bloomberg]
The tariff list (in the original Spanish)


(Trump image courtesy Flickr user Gage Skidmore)

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