This is John Batchelor, a conversation with colleague Mary Anastasia Grady about the upcoming USMCA review, United States, Canada, and Mexico.

The explanation for the Trump administration is that this is national security, and therefore we will impose a tariff on everything coming in from Canada and Mexico

if it's in these categories such as washing machines. Yes, national security. Here Mary

explains. More of this tonight. Well, it's not just that he wants to burden parts from other

countries, from these two other countries, but also

assembly. So for example, we might make here the high-tech component. Then we ship that high-tech

component to Mexico, and they assemble it and send it back. And they assemble it with some of their

own inputs as well. And of course, their labor.

So what he's doing now is he's tariffing the entire value of the import that comes into the country.

So it could be a baby stroller, a schemeable, a golf cart, many appliances,

washing machines, stoves, refrigerators, all of those things he's assigned a 25% tariff to

on the total value

of the good.

Is that what they call

national security?

Yes.

Those washing machines

are very dangerous.

Mary, who...