- cross-posted to:
- canada
- [email protected]
- cross-posted to:
- canada
- [email protected]
U.S. President Donald Trump said Thursday he will temporarily waive tariffs on products from Mexico that fall under the North American free trade agreement, two days after launching a continental trade war.
The announcement did not mention Canada, which is also facing sweeping tariffs on all goods entering the U.S., despite Trump’s commerce secretary saying earlier that both countries would “likely” see a reprieve. It came shortly after Trump levelled new attacks against Prime Minister Justin Trudeau following a heated exchange Wednesday.
“After speaking with President Claudia Sheinbaum of Mexico, I have agreed that Mexico will not be required to pay Tariffs on anything that falls under the USMCA Agreement,” Trump wrote on Truth Social following a scheduled call between the two leaders.
This uncertainty and flip-flopping is bad for business no matter how you slice it.
Well he has a track record of bad business. Unsurprising.
It’s good for those who profit from manipulating markets though.
I get that but I still doubt there is some sort of plan coming out of this mans ass or that he is just senile.