Inside Trade

March 28, 2025

Democrats warn of ‘uncertainty’ following exemptions from Trump’s Mexico, Canada tariffs

By Jason Asenso  / March 7, 2025 at 4:39 PM
President Trump's moves to impose steep tariffs on Canada and Mexico and then suspend duties on many products for a month are sparking deep uncertainty across the economy and hampering trade-dependent business decisions, Democratic lawmakers argued this week. The administration on Tuesday imposed long-promised 25 percent duties on all Mexican and most Canadian goods and doubled a 10 percent tariff on Chinese imports. However, on Thursday Trump said he had given all goods entering the U.S. under the U.S.-Mexico-Canada Agreement...

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