Reported 2 days ago
President Trump has announced a temporary pause on tariffs for goods compliant with the United States-Mexico-Canada Agreement (USMCA) until April 2, following widespread reaction from trade partners like Canada and Mexico. This broad measure comes as Trump also implemented a 25% tariff on imports from these countries, along with escalating tensions with China and the European Union. The economic implications of these tariffs are significant, impacting inflation and possibly influencing Federal Reserve policies in the near future.
Source: YAHOO