Trump's tariff threats are 'leverage,' says informal economic advisor

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Donald Trump's recent threat to impose 25 percent tariffs on Canada and Mexico are a negotiating tactic, the president's long-time informal economic advisor argued Wednesday. Trump also threatened to impose a 10 percent tariff on China which, he said, had not done enough to tackle the flow of the synthetic opioid to Canada and Mexico, from where it is trafficked into the United States.