Canada, Mexico and tariffs
Digest more
Top News
Overview
Impacts
Energy products from Canada will continue to be tariffed at 10%. Should Canada and Mexico resolve the fentanyl dispute that Trump used to justify the tariffs, they would be folded into the new tariff...
From The Wall Street Journal
China announced Friday that it will raise tariffs on U.S. goods from 84% to 125% — the latest salvo in an escalating trade war between the world’s two largest economies that has rattled markets and r...
From Chicago Tribune
President Trump’s latest tariffs are about to become an unavoidable and expensive reality for American businesses and for people who rely on foreign goods.
From The New York Times
Read more on News Digest
Trump's constant tariff chaos is impacting Canada's election
Digest more
Top News
Impacts
Canada continues to respond forcefully to all unwarranted and unreasonable tariffs imposed by the US on Canadian products.
From Autoblog
President Trump's 90-day pause on reciprocal tariffs marks a "welcome reprieve" for the global economy, said Canadian Prime Minister Mark Carney.
From Wall Street Journal
Read more on News Digest
W hILE the tariffs announced on April 2nd were met with panic and consternation around the world, Mexico celebrated. Along with Canada, it was exempted from sweeping “reciprocal” tariffs imposed by the United States. President Claudia Sheinbaum hailed the escape as “good for the country”. The Mexican peso rose, as did the country’s stockmarket.
As markets plunged and world leaders expressed anger and dismay over Trump's tariffs, Mexico took a more measured and hopeful approach.
The country got hit in the early days of Trump’s trade war, but now it looks more attractive amid steep new levies on low-cost manufacturing rivals such as China and Vietnam.
About 87% of the avocados being imported to the US come from Mexico. After Trump's Liberation Day orders, the popular fruit will still come tariff-free.
Cars, consumer goods, and industrial equipment have been delayed at ports, stuck on rail cars, and languished in warehouses at times over the last few months due to the White House's on-again, off-again tariff policy.
8don MSN
Automaker Stellantis is temporarily halting production at a plant in Canada and a plant in Mexico shortly after President Donald Trump announced a 25% tariff on imported vehicles.
The president paused higher import duties for dozens of countries for 90 days but hiked levies on China to 125%.
1don MSN
Even after Trump’s reversal, with China being taxed at such a high rate, a number of goods may well rise in price.