In a major escalation of trade tensions, President Trump announced that the United States will impose a 35% tariff on Canadian-origin goods starting August 1, 2025. The decision, shared via social media late on July 10, was justified by the administration as a response to several concerns: the flow of illicit fentanyl across the northern border, Canadian tariffs on U.S. dairy, and ongoing non-tariff trade … Read More
Trump Halts Tariffs on Mexican Imports – But for How Long?
The trade landscape took another sharp turn this week as President Donald Trump announced a temporary pause on tariffs for Mexican goods covered under the United States-Mexico-Canada Agreement (USMCA). This decision, which grants a reprieve until April 2, comes amid heightened economic uncertainty, market fluctuations, and growing concerns from businesses about rising costs. A Strategic Pause Amid Trade Tensions After discussions with Mexican President Claudia … Read More