Trump Exempts Mexico, Canada from Tariffs Until April 2

President Donald Trump has temporarily exempted goods from Canada and Mexico under the United States-Mexico-Canada Agreement (USMCA) from new 25% tariffs, granting a reprieve until April 2. This decision follows discussions with Mexican President Claudia Sheinbaum and aims to ease trade tensions while benefiting American car manufacturers. Initially, the exemption was meant only for Mexico, but it was later extended to include Canada, although uncertainty remains about future tariff policies after the deadline. Trump's administration has indicated that while this move is intended to stabilize trade, reciprocal tariffs could still be imposed, raising concerns among businesses and policymakers. The exemption reflects a broader shift in Trump's trade policy that has caused market fluctuations and uncertainty regarding the future of North American trade.