Trump could decide on Canada, Mexico tariff relief today: Lutnick

Donald Trump may impose escalating tariff levels, and Canada could be on the lower end: sources

Canada could be on the lower end of U.S. President Donald Trump’s threatened global tariffs next week, the Star has learned.

Trump could decide on Canada, Mexico tariff relief today: Lutnick

U.S. President Donald Trump is set to announce changes to the tariffs on Canada and Mexico he slapped on earlier this week.

US President Donald Trump may impose escalating tariff levels, Canada could be on the lower end of tariffs

Citing sources, the Toronto Star reported on Wednesday that Canada could be on the lower end of the April 2 tariffs.

The uncertainty generated by the threat of U.S. imposition of tariffs on Mexico remains latent, even more so as it approaches April 2, when Donald Trump, president of the neighbor of the north, intends to resume the 25% tax that he paid on March 6 to the products that are within the Treaty between Mexico, the United States and Canada (T-MEC). In that context, Alfredo Careaga, director of Business Development at THB Mexico, estimated that there c…

Donald Trump’s return to the world political arena revived the trade tensions that defined his management between 2017 and 2021. With the announcement of a new wave of tariffs against several countries and sectors. The magnitude of his plans far exceeds the measures adopted during his first term. US think tank Tax Foundation predicts that this new tariff offensive will affect imports worth more than $1.5 trillion, representing 3.7 times more tha…

Affected by the stagnation of services and trade, as well as by the fall of the industrial sector, the weakness of Mexico's economy spread to January 2025, reported the National Institute of Statistics and Geography (Inegi).