Trump delays tariffs for all USMCA-compliant goods for both Mexico and Canada: Reuter

[human1234]

Trump delays tariffs for all USMCA-compliant goods for both Mexico and Canada: Reuters

[human1234]

WASHINGTON, March 6 (Reuters) - President Donald Trump on Thursday exempted goods from both Canada and Mexico under a North American trade pact for a month from the 25% tariffs that he had imposed earlier this week, the latest twist in fast-shifting trade policy that has whipsawed financial markets and business leaders.

The exemption, which will expire on April 2, covers both of the two largest U.S. trading partners. Trump had earlier only mentioned an extension for Mexico, but the amended tariffs order - initially issued on Tuesday - covers Canada as well.

[anna_gari_maata]

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[nenu_meeku_telusa]

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[Sucker]

23 minutes ago, nenu_meeku_telusa said:

Jankadu antara? 

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[human1234]

Trump’s tariffs will still apply to about 50% of Mexican imports and more than 60% Canadian goods.

The president’s exemptions apply only to goods that are compliant with the United States-Mexico-Canada Agreement, the deal negotiated during Trump’s first term that governs trade in North America.

A White House official told CNBC that only about 50% of Mexican imports and 38% of Canadian imports are USMCA compliant.