The new reciprocal tariffs announced by President Trump are relatively good news for Mexico and Canada and could result in the further expansion of the two countries into U.S. markets, said Luis de la Calle,
Goods from Mexico and Canada are exempt from the newly-announced tariffs since they are already subject to other levies, a senior White House official said.
Previously, Canada and Mexico were among the first nations—alongside China—to face 25% tariffs, which took effect shortly after Trump's initial announcement. But on April 2, both countries appeared to be absent from his latest round of trade measures, which have escalated global trade tensions and raised concerns about economic instability.
The U.S. President announced sweeping duties, with considerably higher tariffs on dozens of trading partners including the European Union, China and Japan
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As the United States prepares to welcome the world for FIFA’s Club World Cup this June, golf’s Ryder Cup in September, the World Cup next year and the Los Angeles Olympics in 2028, the question becomes: Will the world want to come?
President Donald Trump announced new tariffs, imposing a 10% baseline tax on most imports, with increased rates for nations with trade surpluses. Nota
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Canada and Mexico were notably absent from a long list of trading partners the president announced he would tariff on Wednesday.
A group of Republican senators voted along with Democrats on Wednesday for a resolution to undo President Trump’s 25 percent tariffs on Canadian imports, dealing an embarrassing blow to