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Fri, March 7, 2025
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Trump backtracks and postpones Canada and Mexico tariffs for a month


Published on 2025-03-07 05:01:15 - Euronews
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  • The US president signed new executive orders on Thursday postponing 25% tariffs on many imports from Mexico and some from Canada for a month. View on euronews

The article from MSN discusses former President Donald Trump's decision to postpone tariffs on Canada and Mexico for a month. Initially, Trump had threatened to impose tariffs on these countries, citing reasons such as national security and trade imbalances. However, following negotiations and discussions, he decided to delay the implementation of these tariffs to allow more time for negotiations. This move was seen as a strategic backtrack to avoid immediate economic repercussions and to give space for further diplomatic efforts. The delay aims to address ongoing trade disputes, particularly focusing on revising the North American Free Trade Agreement (NAFTA), which Trump has criticized heavily. This decision reflects Trump's broader approach to trade policy, characterized by aggressive initial threats followed by periods of negotiation.

Read the Full Euronews Article at:
[ https://www.msn.com/en-my/politics/government/trump-backtracks-and-postpones-canada-and-mexico-tariffs-for-a-month/ar-AA1AqlCF ]