Trump Delays 25% Tariffs Amid Canada-Mexico Compromise
Trump Delays 25% Tariffs Amid Canada-Mexico Compromise

Trump Delays 25% Tariffs Amid Canada-Mexico Compromise

News summary

In response to President Trump's threats of imposing tariffs, leaders from Mexico and Canada have agreed to take significant measures to address illegal immigration and drug trafficking. Trump had threatened a 25% tariff on both countries unless they acted to stop the flow of migrants and fentanyl into the U.S., but has now postponed the tariffs for a month. Mexico has committed to sending 10,000 National Guard troops to its border, while Canada has agreed to appoint a 'fentanyl czar' and classify Mexican cartels as terrorist organizations. The business community expresses concern that the tariffs could harm cross-border commerce, with some suggesting damage has already been inflicted despite the pause. Trump's administration continues to leverage tariffs as a negotiation tool, with new tariffs imposed on Chinese imports starting this week. The situation has led to a fracturing of trust between the U.S. and Canada, prompting some Canadians to reevaluate their spending and travel choices.

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Last Updated
34 days ago
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