But this week Trump moved closer to home, threatening 25% tariffs on all goods imported from Mexico and Canada and tying the tariffs to demands for better border control by both countries.

President-elect Trump’s emphatic promise of new tariffs is sharpening the debate over how he will handle the economy. It’s likely the single most important domestic issue of his second term. Trump is poised to enjoy almost perfect timing in taking the reins of an economy on the rise.