INSUBCONTINENT EXCLUSIVE:
President Donald Trump announced that tariffs on Mexican and Canadian products could increase after the current pause expires on April 2.The
suspended 25% tariffs on goods from Mexico and Canada that comply with the United States-Mexico-Canada Agreement.This exemption covers
approximately 50% of Mexican exports and 38% of Canadian exports to the United States
He emphasized that automakers should not expect further extensions beyond the April deadline.Trump initially announced the broad 25% tariffs
in February but has modified his approach multiple times since then
The tariff adjustments have caused significant market volatility.Tariffs on Mexico and Canada Could Rise Further
(Photo Internet reproduction)Wall Street experienced its worst week since the 2024 presidential election as investors reacted to the
The Atlanta Federal Reserve predicts a 2.4% GDP contraction in the first quarter, potentially the worst result since the COVID-19
pandemic.Canada and Mexico React to U.S
needs time for economic adjustment.The administration justified the tariffs as leverage to address fentanyl trafficking across borders
implement a global system of reciprocal tariffs affecting all trading partners starting April 2.
