US president paused tariffs on Mexican products covered by USMCA and later stayed tariffs on many Canadian imports

Summary

Trump temporarily delayed tariffs on many imports from Mexico and Canada, reversing his earlier decision to impose 25% duties.

Following talks with Mexico’s President Sheinbaum, he exempted USMCA-compliant Mexican goods, later extending the relief to Canada until April 2.

Despite market turmoil and business concerns over price hikes, Trump insisted the delay was unrelated to economic turbulence.

The move follows previous delays and exemptions for automakers. Critics warn his aggressive tariff strategy risks harming businesses and consumers while aiming to secure economic concessions from trade partners.

  • Prezhotnuts@lemmy.caEnglish
    22·
    3 days ago

    Am canadian, don’t see myself stopping boycott of the US until Trump is gone. After that, I might still continue.

        • gravitas_deficiency@sh.itjust.worksEnglish
          7·
          3 days ago

          While I appreciate the sentiment, you gotta realize that there’s a shitload of profoundly stupid people down here, and they’re not gonna learn anything unless it hits them in the face at highway speeds. You’re gonna have to continue the beatings until morale improves.

    • alterforlett @lemmy.worldEnglish
      6·
      2 days ago

      From Europe. That’s the thing. Even if the democrats win with a somewhat sensible candidate in 4 years it’s not like the US are to be trusted any time soon. Should we build bridges and rely on intelligence transfer, trade agreements, military cooperation etc just for them to leave us hanging again 4 years after that? A large part of the US clearly see us as adversaries or even enemies, not allies.