Friday, May 30, 2025

Latest

Trump Tariffs On Canada, Mexico Possibly Delayed To March 1

The decision on whether the US government will enact tariffs on Canada as of tomorrow continues to yo-yo, with the latest headlines now stating that tariffs are to be delayed until March 1.

As per three people familiar with the matter that spoke to Reuters, US President Donald Trump is expected to announce new tariffs against both Canada and Mexico that will go into effect on March 1, rather than the previously quoted date of February 1.

Part of the commentary currently being provided to journalists is that a process will be included for countries to seek specific exemptions on certain imports, suggesting that Trump isn’t as committed to a trade war as previously perceived. Exceptions however are still expected to be “few and far between” as per at least one official.

Read: Trump’s 25% Tariffs On Canada And Mexico Are Coming Tomorrow; Oil Tariffs To Be Decided Tonight

Details on the final tariff rate are also scarce, with sources sticking to the assumption that the rate will remain at 25%.

No decision however is said to be final until Trump issues a statement, with the situation said to “fluid.”


Information for this briefing was found via Reuters and the sources mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Leave a Reply

Video Articles

How To Profit From $3300 Gold? An Inside Look At A Massive 300,000 Oz Project | Martino De Ciccio

We’re At The Start of a Great Silver Boom | Ross McElroy & Andy Bowering – Apollo Silver Corp

Equinox Gold Q1 Earnings: When Everything Goes Wrong

Recommended

Sterling Metals Hits 0.21% Copper Over 482.8 Metres In First Drilling At Soo Copper project

First Majestic Makes Second Major Discovery At Santa Elena In Just A Year

Related News

Canada Responds With Retaliatory Tariffs on Nearly $30 Billion US Imports

Canada is preparing to impose retaliatory tariffs on $30 billion worth of US imports in...

Thursday, March 13, 2025, 02:07:00 PM

Pentagon Targets Domestic Gallium Recovery After China Export Curbs

The Pentagon plans to award contracts to North American companies by year-end to recover gallium,...

Friday, March 7, 2025, 10:39:00 AM

Global Trade on Edge as Trump Targets BRICS With Tariff Threats

In a move reminiscent of his first term, U.S. President-elect Donald Trump has issued a...

Monday, December 2, 2024, 12:22:31 PM

Trump’s Tariff Was Able To Unite China, Japan, South Korea… Against It

China, Japan, and South Korea, three nations with a long history of political and economic...

Tuesday, April 1, 2025, 10:38:00 AM

Countertariffs and Severed Ties: How Nations Are Responding To Trump’s Tariffs

The escalating series of trade tariffs by President Donald Trump has drawn swift and forceful...

Friday, April 4, 2025, 03:03:00 PM