US officially slaps tariffs on Canada and Mexico, doubles tariffs on China

The US government has officially implemented 25 percent tariffs on all imports from its two leading trading partners Canada and Mexico as of today, March 4, according to a statement made by the White House. Also, energy imports from Canada will be subject to 10 percent tariffs. In early February this year, while postponing the tariffs in question, US President Donald Trump gave the Canadian and Mexican administrations 30 days to curb what he described... Read More

Trump postpones tariffs on Canada and Mexico for 30 days

US President Donald Trump has stated via social media that he has decided to postpone the recently announced additional 25 percent tariffs on imports from Canada and Mexico. Following the tariff announcements, Trump held conversations with Canadian Prime Minister Justin Trudeau and Mexican President Claudia Sheinbaum, in which he expressed his concerns regarding border security. The Canadian and Mexican administrations made various commitments to... Read More