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Trump, Canada and Mexico

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Bloomberg |
Canada and Mexico were left off the list of countries affected by Trump’s global 10% baseline tariff during his announcement of reciprocal tariffs on April 2.
The Boston Globe |
his administration abruptly said it would suspend these higher rates for 90 days, and instead maintain a recently-imposed 10% levy on nearly all global imports.
Bloomberg L.P. |
That’s left a sense of trepidation at what might come next, and the risk that it spills out from the economic sphere into other arenas.

Read more on News Digest

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New York Magazine on MSN6h
The Craziest Details About Trump’s Tariff Pause
In a sudden about-face on Wednesday, Donald Trump announced a 90-day pause of many of his hefty “Liberation Day” tariffs on America’s trading partners, following days of tumult on Wall Street and growing expectations that Trump’s trade war would trigger economic catastrophe.
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Residents of South Jersey and the rest of the U.S. may soon pay more for coffee, clothing and more under new tariffs announced this week by Trump.
Trump accused of ‘market manipulation’ after abrupt U-turn on reciprocal tariffs: Live updates
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Trade war: Canada hits U.S. auto imports with 25% reciprocal tariffs
Prime Minister Mark Carney of Canada has announced reciprocal tariffs on U.S.-made vehicles as President Donald Trump's sweeping tariffs went into effect, sending shockwaves through the global financial system.
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Even after Trump’s reversal, with China being taxed at such a high rate, a number of goods may well rise in price.
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