As the April 2nd deadline nears, the Trump administration is signaling a softer stance on reciprocal tariffs. With Trump suggesting a more lenient approach—what does this mean for global trade?
Trump Is Pausing Automobile Tariffs
President Trump is hitting pause on a 25% tariff for auto imports from Mexico and Canada—but only for 30 days. This temporary relief follows talks with major automakers, urging them to invest and shift production to the U.S.
25% Tariffs on February 1st
🌎💼 President Trump has plans on setting a 25% tariff on imports from Canada and Mexico on February 1st. With these nations bringing in hundreds of billions in trade annually, the move may significantly impact trade.
Trump Is Imposing Tariff Hikes
The Trump administration is shaking up global trade. Starting January 20th, President-elect Trump plans to impose a 25% tariff hike on imports from Canada, and Mexico. This move can have major implications for global trade.