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Tariff on Mexico put on hold, no luck for Canada
The New Indian Express Vijayawada
|February 04, 2025
Don pauses after Mexican prez agrees to send forces to address drug issues
US President Donald Trump held off Monday on his tariff threats against Mexico for one month of further negotiations after Mexican President Claudia Sheinbaum agreed to send 10,000 members of her country's national guard to the border to address drug trafficking.
Trump's tariffs against Canada and China were still slated to go into effect on Tuesday, but uncertainty remained about the durability of any deals and whether the tariffs were a harbinger of a broader trade war, as Trump has promised more import taxes to come.
A senior Canadian official said Canada was not confident it could avoid the looming tariffs as Mexico did.
This story is from the February 04, 2025 edition of The New Indian Express Vijayawada.
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