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Hassett: If the fentanyl emergency were to be ended, then so would these tariffs

Hassett was trotted out to lay the groundwork for delaying the tariffs in February. I don’t see much new in this comment yet but it’s notable that all of the focus is on fentanyl and none of it on immigration or the border.

Earlier though, Lutnick highlighted fentanyl deaths as the key measure and those will take a long while to come down.

“Respectfully, this is not a trade war, it’s a drug war,” said Kevin Hassett on Fox News. He said the President is “extraordinarily disappointed” with Canada and Mexico’s actions on drugs.

“Wander around Toronto and look and see if these people are serious about the drug war. And they’re not,” he said.

This article was written by Adam Button at www.forexlive.com.

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