President Donald Trump's new 25% tariffs on imports from Mexico and Canada took effect on Tuesday, along with a doubling of duties on Chinese goods to 20%, sparking trade wars that could slam economic growth and lift prices for Americans still smarting from years of high inflation.
Just after midnight, Tuesday, March 4, 2025, Trump imposed 25% taxes, or tariffs, on Mexican and Canadian imports, though he limited the levy to 10% on Canadian energy. Trump also doubled the tariff he slapped last month on Chinese products to 20%.
Trump put 25% tariffs on goods from Canada and Mexico this week. Yesterday, he gave U.S.-made cars a break. Today, he is giving Mexico a broader exemption.
Originally issued on Tuesday, President Donald Trump has now postponed tariffs on any goods that would fall under the United States-Mexico-Canada Agreement
Howard Lutnick told CNBC “hopefully Mexico and Canada will have done a good enough job on fentanyl” that the U.S. will focus only on reciprocal tariffs.
WASHINGTON (AP) — President Donald Trump said Thursday that he has postponed 25% tariffs on most goods from Mexico for a month after a conversation with that country’s president. Trump’s announcement comes after his Commerce Secretary, Howard Lutnick, said tariffs on both Canada and Mexico would “li…
The partial rollback follows discussions Trump had with Mexican President Claudia Sheinbaum on Thursday and Canadian Prime Minister Justin Trudeau on Wednesday.
US President Donald Trump said he had "positive" talks with his Mexican counterpart Claudia Sheinbaum, which prompted him to pause most tariffs until early April. Follow DW for more.
By David Goldman, CNN (CNN) — President Donald Trump on Thursday signed executive actions that delay for nearly one month tariffs on all products from Mexico and Canada that are covered by the USMCA free trade treaty, a significant walkback of the administration’s signature economic plan that has r…
The tariff delay would apply to goods that are compliant with the trade agreement President Donald Trump negotiated with Canada and Mexico during his first term in the White House.
President Donald Trump on Thursday announced a one-month tariff delay on all products from Mexico that are covered by the USMCA free trade treaty, a significant walkback of the administration’s signature economic plan that has rattled markets, businesses and consumers.
President Donald Trump is postponing the 25% tariffs on most goods from Mexico for a month after a conversation with that country’s president. Trump’s announcement comes after his Commerce Secretary,
