In a surprising turn of events, President Trump has decided to delay the tariffs on Mexico and Canada for goods coming in under the USMCA agreement until April 2nd. This announcement comes just days after the tariffs were initially imposed, causing uncertainty and concern in the markets.
NBC News’ Christine Romans reports on the reaction from U.S. markets to this major change in the tariff policy. The decision to put a pause on some tariffs has brought a sense of relief to many industries that rely on imports from Mexico and Canada.
While the delay is only temporary, it provides some breathing room for businesses that were bracing for the impact of increased tariffs. The move also creates a sense of optimism that negotiations between the United States, Mexico, and Canada may continue in a positive direction.
This latest development in the ongoing trade discussions highlights the unpredictability of the current political climate. As the situation continues to evolve, it will be crucial for businesses to stay informed and adapt to any changes that may arise in the future.
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Video “Trump puts pause on some Mexican and Canadian tariffs” was uploaded on 03/07/2025 to Youtube Channel NBC News