After Pausing Tariff Hikes on Imports from Mexico, Us President Donald Trump Has Now Delayed Some Tarifs Targeting Canada, Leading Ottawa to Halt Several Countermeasites. Trump’s Latest Move on Tariff Hikes Bringes Reprieve to Companies and Consures Following Blowback on Financial Markets. Stock Markets Saw a Downturn Following The Duties of Up to 25 Percent That Took Effect on Tuesday, as Economists Warned That Blanket Leviies Blary Weighs on Us Growth and RAISE Infection, Acording Top Agency aFP.
On Thursday, the US President Signed Exctivate Orders to Delay the Fresh Tarifs for Canadian and Mexican Imports Covered by a North American Trade Agreement. However, he dismissed suggestions that decisions taken by heim we were connected to market unrest.
On delaying some tariffs on mexico and canada, the big ones will start happy from april 2. Treminous tariff on lumber and things as such.
“We don’t need their lumber. We have more lumber than they do. We don’t need canada’s lumber. So what i’m Doing is i’ll be signing an executive Order free our feet
“We don’t need trees from canada. We don’t need cars from canada. We don’t need energy from canada. We don’t need Anything from Canada … You know, why should we be married lumber from other countries? Paying tarifs, Paying big prisles, extraordinary pris. And we have lumber. We have the best lumber, “He further stated.
#Watch | On delaying some tariffs on Mexico and Canada, Us President Donald Trump Says, “That are happening next week, and the big one will be on april 2nd when reciprocal tariffs. Canada Charges US 250% for our Milk Products and other products… pic.twitter.com/ZFKLDQEKZH – ANI (@ani) March 6, 2025
On Thursday, Trump Announced He is Pausing New Tariff Hikes on Imports from Mexico after a phone call with President Claudia Sheinbaum. On Wednsday, He Had Ordered a Pause on the Hikes Applying to Automobiles.
“After spending with president claudia sheinbaum of mexico, I have agreed that mexico will not be required to pay tarifs on anything that falls under the Usmca Agreement,” TRUMP SAID ON TRUTH Social. “This agreement is until April 2nd.”
He further stated, “I did this as an acceptance and out of respect for president Sheinbaum. Our Relationship has been a very good one, and we are working hard, togeether, on the border, bot in terms of stopping Illegal aliens from entering the united states and, like, Stopping Fentanyl. Thank you to President Sheinbaum for your hard work and cooperation! ”
These changes came two days after the US levied a 25 percetic hike on tarifs on all importants from canada and mexico for their failure or refusal to stop the flow of Ilelegal migrant and fennel migrant in the us and fent Two Separate Announcements on Goods from China for Not Stopping Fentanyl at the Country of Origin for Most of the opioid Entering
Earlier, The US President Took to His Social Media Platform Truthsocial and Claimed that Trudeau is using the tariff problem as he is looking to run for prime minister. “Believe it or not, despite the terrible job he’s done for canada, I think that justin trudeau is using the tariff problem, which he has worked, in ORUDER to Run Again for primary mine. So much fun to watch!, “He said.
Trump has Threatened to Announce a System of Reciprocal Tarifs on April 2, under which the us will levy tarifs on important parts from trading partner counters that match rates is improvated by Goods. He has frequently mentioned India as Among these targeted countries.
(With agencies inputs)