Donald Trump fired the opening shots in a new North American trade war, slapping 25% tariffs on Mexico and Canada, America’s top two trade partners.
Both countries responded in kind, but by the numbers at least, the US has significantly more leverage in this showdown. That’s because the economies of Canada and Mexico are vastly more dependent on exports to the US than the US is on exports in the other direction.
Here is a look at that dependency, measured by looking at how much of Mexican and Canadian GDP comes directly from exports to the US, and vice versa.
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