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Canada, Trump and Mexico

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An administration official said Wednesday that new reciprocal tariffs wouldn't apply to Mexico and Canada, but the existing fentanyl-based tariffs would continue.
From The Wall Street Journal
President Donald Trump's move to impose sweeping tariffs on U.S. imports sparked threats of retaliation on Thursday, as companies and governments rushed to count the costs from an escalating trade wa...
From Reuters
Stock markets across Asia-Pacific and Europe fell Thursday and US markets tumbled after President Donald Trump announced new tariffs on trading partners around the world.
From CNN

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USMCA Exemption Continues for Canada, Mexico, White House Says
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,
Trump’s new tariff plan gives exemptions to Canada, Mexico, pharma, other sectors — for now
As markets worldwide slump in the wake of President Donald Trump’s rollout of his “liberation day” tariffs, the exemptions that Trump made are among the things that stand out.
Trump tariffs live updates: Canada announces counter tariffs on vehicles
Canada responded to Trump's tariffs and announced 25% tariffs on all U.S. vehicles that are not compliant with the United States-Mexico-Canada Agreement.
Trump stokes trade war as world reels from tariff shock
President Donald Trump's move to impose sweeping tariffs on U.S. imports sparked threats of retaliation on Thursday, as companies and governments rushed to count the costs from an escalating trade war that threatens to shake up global alliances.
Trump Announces Sweeping New Tariffs. What’s Next
Trump imposed the steepest US tariffs in more than a century, stepping up his campaign to reshape global trade.
5 takeaways from Trump’s major tariff announcement
President Trump reset U.S. trade policy Wednesday by announcing a 10-percent general tariff on all imports to the U.S. with the exception of Canada and Mexico, along with targeted tariffs on
Brown challenges Lutnick: Will Trump back down on tariffs?
Pacific and Europe fell Thursday and US markets tumbled after President Donald Trump announced new tariffs on trading partners around the world. Commerce Secretary Howard Lutnick says President Trump will not back down on these tariffs.
Friday Briefing: Trump’s Tariffs Rattle the Markets
U.S. stocks nose-dived after Trump’s tariffs rollout. Wall Street tumbled to its worst day since the pandemic yesterday in response to President Trump’s major round of tariffs
Instant view: Hefty Trump tariffs surprise markets, stocks slide
World markets were left reeling on Thursday after U.S. President Donald Trump unveiled reciprocal tariffs to match duties put on U.S. goods by other countries.

Trump, Mexico and tariffs

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The White House has said the tariffs are necessary because the two countries aren't doing enough to stop illegal immigration and the smuggling of fentanyl into the United States from the northern and...
From Insider
After a long wait, the Senate is launching action on President Donald Trump's "big, beautiful bill” of tax breaks and spending cuts at a risky moment for the U.S. and global economy.
From Yahoo
Stock markets across the Asia-Pacific region tumbled on Thursday after US President Donald Trump imposed tariffs on trading partners around the world, with many Asian countries taking the biggest hits...
From CNN

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Why Canada and Mexico are missing from Trump's tariff chart
Donald Trump's latest round of tariffs had two notable omissions: Mexico and Canada. But the two nations are still subject to preexisting tariffs.
5 Weird Things About Trump’s ‘Liberation Day’ Tariffs
President Donald Trump’s much vaunted “reciprocal tariffs” aren’t reciprocal and aren’t really about tariffs – they’re about his fixation on trade deficits with other countries. (With apologies to Voltaire.
‘Liberation Day’—For Mexico
Mexico and Canada, as part of the USMCA free trade agreement, avoided the imposition of any additional tariffs during Trump’s announcement Wednesday, while the average tariff rate on U.S. imports is set to skyrocket to 29 percent from just two percent previously.
Republicans moving ahead with Trump's 'big' bill of tax breaks and spending cuts amid tariff uproar
After a long wait, the Senate is launching action on President Donald Trump's "big, beautiful bill” of tax breaks and spending cuts at a risky moment for the U.S. and global economy. More than a month after House Republicans surprised Washington by advancing their framework for Trump's $4.
Global markets reel as Trump tariffs stoke fear of economic 'spiral of doom'
President Donald Trump's punishing tariffs rocked global financial markets on Thursday, with the dollar and U.S. stocks tumbling as investors rushed to safe havens on fears a broadening trade war would push an already fragile world economy into recession.
How were Donald Trump's tariffs calculated?
US President Donald Trump has imposed a 10% tariff on goods from most countries being imported into the US, with even higher rates for what he calls the "worst offenders". But how exactly were these tariffs - essentially taxes on imports - worked out?
Trump’s hefty tariffs send stock markets falling
Stock markets across Asia-Pacific and Europe fell Thursday and US markets were also set to open lower after US President Donald Trump imposed tariffs on trading partners around the world, with many Asian countries taking the biggest hits.
Worst week for US stocks since Covid crash as China hits back on tariffs
The US president, who has vowed to remake the global trade order, dismissed concerns, noting the US jobs market is strong.
Trump’s Tariffs Could Threaten His ‘Energy Dominance’ Agenda
A new wave of tariffs could raise costs for energy producers, including oil and gas companies, as well as solar and wind firms.
US tariffs ripple through auto supply chains into Mexico
Auto workers expressed uncertainty and hope outside a Stellantis assembly plant in central Mexico that is scheduled to begin a month-long pause in production.
Mexico Gets a Break, but Any USMCA Violations Should Be Challenged, Says Trade Expert
Mexico’s exclusion from reciprocal tariffs shows the benefits of President Claudia Sheinbaum’s non-confrontational approach with President Trump, said Kenneth Smith-Ramos, a trade consultant who led the Mexican government’s team during negotiations for the USMCA trade deal signed by Trump in 2018.
Brownfield Ag News1d
Mexico and Canada spared from retaliatory tariffs, what does this mean for North American trade?
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.
Michigan couple jailed in Mexico over timeshare dispute return home
A Michigan couple who were imprisoned in Mexico for about a month after they disputed charges related to a Mexican timeshare have returned to the United States.
Mexico free trade with US may survive as Trump spares it from new tariffs, hits rivals
President Donald Trump's "Liberation Day" appeared set to end North American free trade and Mexico's privileged access to the U.S.
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Michigan couple freed after a month jailed in Mexico amid timeshare dispute
Paul and Christy Akeo are coming home after spending a month behind bars in a Mexican prison amid a timeshare dispute.
Timeshare company claims Michigan couple detained in Mexico breached contract agreement, committed fraud
An attorney representing a Michigan couple who are detained in Mexico disputes claims that the couple breached a contract agreement with Palace Resorts and committed fraud.
Trump Administration to Hold Oil, Gas Lease Sale in Gulf of Mexico
WASHINGTON (Reuters) - The U.S. will hold an oil and gas lease sale in the Gulf of Mexico, as planned by the administration of former President Joe Biden, and will release a proposed notice of it in June, the Interior Department said on Friday.
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