As President Trump pushes his massive global tariffs into effect, America’s former trading partners are designing their own, retaliatory tariffs, that are sure to have a walloping effect on Americans’ pocketbooks.
Canadian and Mexican goods that are compliant with the U.S.-Mexico-Canada Agreement will continue to be tariff-free, the White House has said. An administration official said Wednesday that new reciprocal tariffs wouldn't apply to Mexico and Canada,
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Automaker Stellantis is temporarily halting production at a plant in Canada and a plant in Mexico shortly after President Donald Trump announced a 25% tariff on imported vehicles. The move will result in the temporary layoff of 900 U.
Stellantis is halting production at various plants and laying off 900 workers due to new U.S. tariffs, affecting employees in Canada, Mexico, Michigan, and Indiana.
Experts say President Trump’s retaliatory tariff announcement is setting a new precedent for trade in North America. Juan Carlos Baker is CEO of Ansley International Consultants. “We just witnessed the most significant developments in trade policy in maybe 3 decades.
Mexico’s economic minister Marcelo Ebrard praised the “preferential treatment” received by Mexico after US President Donald Trump unveiled sweeping new global tariffs.
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Stellantis NV paralizará temporalmente la actividad en las fábricas de Canadá y México, ya que los aranceles estadounidenses están comenzando a afectar las operaciones en toda la industria automotriz.
The U.S. and Canada should negotiate a trade deal without Mexico as they reconfigure their trading relationship, said Doug Ford, the leader of Ontario, Canada’s most populous province. Ford has advocated for forging a bilateral agreement with the U.