Trump, Canada and Mexico
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President Donald Trump on Wednesday announced sweeping tariffs on imports of goods from around the globe. Two countries, Canada and Mexico, were notably spared from the latest round of tariffs.
From Insider
The higher rates are set to be collected beginning Wednesday, ushering in a new era of economic uncertainty with no clear end in sight.
From The Boston Globe
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Trump, tariffs
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Overview
Impacts
President Donald Trump has launched tariff wars with nearly all of America's trading partners. And there's no end in sight. A number of sweeping new taxes on goods from other countries are already her...
From Associated Press News
President Donald Trump defends his reciprocal tariffs plan as an 'America first' move.
From Fox News
The tariffs sent global markets plunging and is expected to have a drastic impact on U.S. consumers and industries.
From Time
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The president's global raft of tariffs was dubbed "worse than the worst-case scenario" by experts, with Elon Musk reportedly begging Trump to reconsider.
Canada said its 25% tariff would be on U.S.-made vehicles that are not compliant with the North American trade deal. Officials estimate that about 8% of the 750,000 vehicles shipped to Canada are not compliant with the trade treaty.
As markets worldwide slump in the wake of President Donald Trump’s rollout of his “liberation day” tariffs, the exemptions that Trump made are among the things that stand out.
You may be aware that President Donald Trump’s tariff war with Canada and Mexico will see Americans paying more for consumer goods, but have you considered the cost of services will also rise? According to a February report from Insurify,
Canada and Mexico wouldn’t immediately be subject to the new tariff regime, senior administration officials told reporters Wednesday, but instead would still be subject to the tariffs Trump previously imposed,
The US president has threatened to hit Beijing with the higher tariff if it did not withdraw its own retaliatory levy.
President Trump says the goal of his tariffs − resuscitating U.S. manufacturing's glory days − will be worth the turmoil. Experts are skeptical.
Prime Minister Mark Carney announced that Canada will impose a 25% tariff on U.S. vehicle imports that do not meet the USMCA standards.
Follow here for live updates and news on fallout in the financial markets from President Donald Trump's announcement last week on tariffs for all countries.