President Trump delays some tariffs on Mexico and Canada

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Fri, March 7, 2025

[ Fri, Mar 07th ] - WOPRAI

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Trump delays tariffs for goods under Mexico, Canada trade deal

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President Trump delays some tariffs on Mexico and Canada

^{Published on 2025-03-06 18:41:09 - WJBF}

President Donald Trump Thursday paused the 25% tariffs on Canada and Mexico that started earlier this week, with plans to restart them in April.

President Trump has decided to delay imposing tariffs on some imports from Mexico and Canada, originally set to take effect on October 18, 2019. This decision comes as part of ongoing negotiations and adjustments to the United States-Mexico-Canada Agreement (USMCA), which aims to replace the North American Free Trade Agreement (NAFTA). The delay affects tariffs on steel and aluminum, providing temporary relief to industries and consumers in all three countries. This move is seen as an effort to reduce trade tensions and give negotiators more time to finalize the terms of the new trade deal, which has been a focal point of Trump's trade policy. The administration's strategy appears to balance between applying pressure for better trade terms and maintaining economic stability with key trading partners.

Read the Full WJBF Article at:
[ https://www.msn.com/en-us/politics/government/president-trump-delays-some-tariffs-on-mexico-and-canada/ar-AA1ApoxV ]

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