Trump Delays Mexico Tariffs for One Month, Canada and China Duties to Start Soon

Reported about 4 hours ago

US President Donald Trump has announced a one-month delay on new tariffs for Mexico while imposing a 25% tariff on imports from Canada and a 10% tariff on Chinese goods starting Tuesday. This move follows discussions with Canadian Prime Minister Justin Trudeau and Mexican President Claudia Sheinbaum. The announcement has raised concerns about retaliatory actions from Canada and increased inflation risks that might impact the US Federal Reserve's interest rate decisions.

Source: YAHOO

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