Trump pauses tariffs on Canadian goods until April 2, after taking a similar step for Mexico
- President Donald J. Trump announced a suspension of tariffs on USMCA-compliant imports from Canada and Mexico until April 2, as stated by the White House.
- The exemption applies to auto imports, with automakers pushing for this decision, according to a White House statement.
- Around half of Mexican and nearly 40% of Canadian imports to the U.S. are compliant with the USMCA, as reported by CNBC.
- Commerce Secretary Howard Lutnick noted that Mexico and Canada have worked to address fentanyl trafficking, influencing Trump's tariff decisions.
731 Articles
731 Articles
Trump Postpones Tariffs on Mexican, Canadian Imports Until April 2
President Trump reversed course and postponed 25 percent tariffs on Mexican and Canadian goods amid widespread concerns about the impact a broader trade war will have on the U.S. economy. The Associated Press says the announcement was made shortly after Commerce Secretary Howard Lutnick had said tariffs on both Canada and Mexico would likely be delayed. Trump first announced the tariffs in February, and this is the second time the president has …
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Trump Bows to Economic Reality With Tariff Delays and Exemptions
A month ago, President Trump announced that he would impose sweeping tariffs on imports from Canada and Mexico before reaching a last-minute deal to delay them for 30 days. This week, after markets revolted when the tariffs were put in place, Mr. Trump watered them down with a monthlong reprieve for automakers. And then on Thursday, he opened up even broader exemptions for many other products that are imported from America’s neighbors to the nor…
Trump Pauses Tariffs On Mexico After Phone Call - Patriot Newsfeed
Donald Trump just did what Trump does best—used leverage, made a deal, and left his critics scrambling to figure out how to spin it into a negative. On Thursday, the former—and soon-to-be—President announced that he’s pausing the implementation of tariffs on Mexico after a productive conversation with President Claudia Sheinbaum. The move comes just days after his new round of tariffs on Mexico, Canada, and China officially kicked in, proving on…
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