The president signed executive orders today offering a monthlong exemption, until April 2, for all goods covered under the U.S.-Mexico-Canada trade agreement, which includes most U.S. imports from those countries. About 10 percent of Mexico’s exports to the U.S. fall outside the U.S.M.C.A. trade agreement, according to one economist.

If President Trump does not resolve his dispute with our northern neighbors soon, the real victims will be U.S. consumers, businesses, and farmers.