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Tariff turnaround for Canada and Mexico as Trump delays 25% tariffs for a month

President Donald Trump announced a one-month pause on the 25% tariffs for most goods from Canada and Mexico covered under the U.S.-Mexico-Canada Agreement to help American carmakers until April 2.
Trump stated he aimed to support American carmakers and help Canada and Mexico due to their business ties with the U.S.
Trump expressed concern about U.S. Trade, stating that 'this country has been ripped off from every, every nation in the world' and emphasized fairness in U.S. Trade practices.
The tariffs are scheduled to be reinstated on April 2 after the one-month exemption period.

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+2 Reposted by 2 other sources

Trump tariffs already costing border money, jobs

EL PASO, Texas (Border Report) – The Trump administration’s on-again, off-again tariffs on Mexico and Canada already are costing businesses money and residents jobs in border cities like El Paso and Juarez. “There certainly have been some jobs at least put on hold and we’re hearing from employers in the region second-guessing whether they should even be involved in (the U.S.-Mexico-Canada Agreement) because of its unpredictability,” said Jon Bar…

2 days ago

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France24

Tariff turnaround for Canada and Mexico as Trump delays 25% tariffs for a month

4 days ago·France

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LancasterOnline

How is Mexico doing after the tariff pause agreed with Trump?

MEXICO CITY (AP) — Beyond the political achievement, Mexico’s government is confident that nearly 90% of exports arriving in the United States will be covered by the tariff pause agreed with Donald Trump with which…

4 days ago·Lancaster, United States

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Fox Business

Trump defends tariff pauses on some Canadian, Mexican imports, aims to help US automakers

In an effort to provide clarity over his latest tariff negotiations, President Donald Trump explained why he approved another one-month pause on the 25% levy on Canada and Mexico."I wanted to help Mexico and Canada to a certain extent. We're a big, big country, and they do a lot of their business with us, whereas in our case, it's much less significant. We do very little with Canada by comparison. And I wanted to help the American carmakers unti…

5 days ago·United States

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Irish Independent

Donald Trump pauses US tariffs on Mexico for another month

US president Donald Trump has postponed 25pc tariffs on most goods from Mexico for a month amid widespread fears of the economic fallout from a broader trade war.

5 days ago·Ireland

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Home Accents Today

NCTO commends President Trump's pause on tariffs for imported goods

WASHINGTON, D.C. – The National Council of Textile Organizations (NCTO) issued a statement last week from President and CEO Kim Glas regarding President Donald Trump’s one-month suspension of tariffs for qualifying imports under the U.S. -Mexico-Canada agreement. “We sincerely thank President Trump for pausing the 25 percent penalty tariffs on qualifying imports from Mexico and Canada under the USMCA trade deal for one month while all parties co…

2 days ago

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