President Trump is postponing the new tariffs on most goods from Canada and Mexico for a month. In a reversal, the president is delaying the 25 percent tariffs on many Canadian and Mexican imports. This is the second one-month postponement since he first unveiled the import taxes early last month. The threatened tariffs have jeopardized […]
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In reversal, Trump postpones Canada, Mexico tariffs for one month
President Trump is postponing the new tariffs on most goods from Canada and Mexico for a month. In a reversal, the president is delaying the 25 percent tariffs on many Canadian and Mexican imports. This is the second one-month postponement since he first unveiled the import taxes early last month. The threatened tariffs have jeopardized relations with America’s two neighbors and the plans have caused the stock market to sink. The president says he still plans to impose “reciprocal” tariffs starting in early April.