Tariff Update: Will He or Won’t He?
President Trump confirmed that tariffs on Mexico and Canada are set to hit at 12:01 a.m. Tuesday, but details are still up in the air, according to administration officials. The 25% rate for Canada and Mexico is back on, along with the additional 10% levy on Chinese imports, following a month-long reprieve. Trump also indicated that a 25% rate for European Union car imports and other goods was in the pipeline, while the planned reciprocal tariff policy will take effect April 2. Over the weekend, Commerce Secretary Howard Lutnick said Trump ... Log in to view full article.