Canada, Trump and 25 tariffs
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The Wall Street Journal |
Carney said the tariff could raise $5.6 billion U.S., which would be used to help workers and companies affected by the Trump tariffs.
USA Today |
Reciprocal tariffs are calculated to balance bilateral trade deficits between the U.S. and each of its trading partners.
BBC |
A woman in Glendale, Arizona says it is "only right" that the US charges tariffs if other countries do.
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Goods from Mexico and Canada are exempt from the newly-announced tariffs since they are already subject to other levies, a senior White House official said.
Mexico and Canada avoided fresh tariffs on Wednesday with President Donald Trump exempting the United States' top trading partners from his new 10% global tariff baseline, although previous duties remain in place.
According to Trump’s latest executive order, Mexico and Canada’s 25 per cent tariff on non-USMCA goods would go down to 12 per cent if the US is happy with their compliance on stopping fentanyl and halting illegal migration.
As markets worldwide slump in the wake of President Donald Trump’s rollout of his “liberation day” tariffs, the exemptions that Trump made are among the things that stand out.
Stellantis is halting vehicle production at two assembly plants in direct response to President Trump’s newly enacted 25% auto tariffs.
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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.
23hon MSN
Mexico is celebrating having dodged the latest round of tariffs from the White House taking aim at dozens of U.S. trading partners around the world.
1don 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.
Mexican President Claudia Sheinbaum was all smiles at the start of her daily news conference Thursday, reflecting a wide sense of relief as [both Mexico and USMCA partner Canada were excluded](