US, Mexico and 25 percent tariffs
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The Hill |
Carney said he expects the counter-tariffs to generate up to approximately $8 billion and said “every single dollar raised from those counter-tariffs… will go directly to our auto workers and the com...
AOL |
Economists, however, beg to differ. Manufacturing jobs have been on the decline for decades.
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Discussions over the future of the North American free trade pact could be pushed earlier than originally planned, said one of Mexico’s top trade negotiators.
Mexico’s exclusion from reciprocal tariffs shows the benefits of President Claudia Sheinbaum’s non-confrontational approach with President Trump, said Kenneth Smith-Ramos, a trade consultant who led the Mexican government’s team during negotiations for the USMCA trade deal signed by Trump in 2018.
Canadian and Mexican goods that are compliant with the U.S.-Mexico-Canada Agreement will continue to be tariff-free, the White House has said. An administration official said Wednesday that new reciprocal tariffs wouldn't apply to Mexico and Canada,
President Sheinbaum celebrated after the United States government didn't announce any "reciprocal tariffs" on imports from Mexico.
“Today, Mexico has a preferential treaty,” Sheinbaum’s economy minister Marcelo Ebrard said Thursday, pointing gleefully to a map illustrating the effects of Trump’s liberation day speech, showing the entire world painted red except Mexico and Canada.
President Donald Trump's "Liberation Day" appeared set to end North American free trade and Mexico's privileged access to the U.S.
Mexico and Canada avoided fresh tariffs on Wednesday with President Donald Trump exempting the United States' top trading partners from his new 10% global tariff baseline, although previous duties remain in place.
Saying she's uninterested in a tit-for-tat trade war, the president told reporters on Wednesday about her plans to boost Mexico's economy.
Donald Trump's latest round of tariffs had two notable omissions: Mexico and Canada. But the two nations are still subject to preexisting tariffs.