Canada–United States relations

The 2020 trade war president

Illustration: Sarah Grillo/Axios

Multiple U.S. trade conflicts — with China, Mexico and, waiting their turn, Europe, Japan and Canada — are roiling the world economy. But one or more of them is still likely to be on the boil late next year, when President Trump faces a possibly tough re-election.

Quick take: Experts queried by Axios say Trump is likely to want to keep needling trade grievances through Election Day next year as evidence that the U.S. faces a showdown in which only he is equipped to prevail.

U.S. lifts steel and aluminum tariffs on Canada and Mexico

Former Mexican President Enrique Peña Nieto, President Trump and Canadian Prime Minister Justin Trudeau at the G20 last year. Photo: Martin Bernetti/AFP/Getty Images

Trump confirmed in a Sunday tweet that the U.S. would lift steel and aluminum tariffs on Canada and Mexico starting Monday.

Why it matters: The move will make it easier for the USMCA, NAFTA's replacement trade deal, to be approved by the three nations. The tariffs would be replaced by stronger enforcement measures, according to Bloomberg. There will not be any quotas or limits imposed on imports of the metals, it said.