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Trump pauses tariffs for most of the world, but shifts new 10% tariff onto Canada and Mexico
Trump announces a 90-day pause on most of his so-called “reciprocal tariffs,” but will raise the levies on China to 125 per cent. A White House official told CBC News that the 10 per cent baseline tariff, from which Canada and Mexico were initially exempt, now applies to both countries.
The president put a 90-day pause on higher import duties for dozens of countries, but hiked levies on China to 125%.
Note: Goods imported from Mexico and Canada covered under the USMCA trade pact received a temporary reprieve from new tariffs. By Ana Swanson Danielle Kaye Lazaro Gamio Jeanna Smialek and Martin ...
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5h
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