Photo illustration created by ChatGPT (OpenAI), using AI-generated imagery. Trump’s tariff strategy has not only brought a massive win in European trade negotiations, but it has also underscored how crucial U.S. market access is for Mexico, Canada, and China. Tariffs are now strangling foreign direct investment in all three countries, forcing them to either concede to U.S. trade terms, as Europe did, or see their economies take a massive hit. America entered this trade war in a strong position, because it is far less dependent on trade than its rivals. While trade accounts for 67 percent of Canada’s GDP, 73 percent of Mexico’s GDP, and 37 percent of China’s GDP, it makes up only 24 percent of U.S. GDP. This imbalance gives the U.S….
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