Last week, it was announced that President Donald Trump's new 25% tariffs on Mexico and Canada would exempt vehicles that comply with the USMCA trade deal. German carmaking giant Volkswagen told CNBC that its operations meant it would be exempt from the levies.
President Donald Trump did not totally reverse the 25% tariffs he enacted earlier this month on just about every Mexican and Canadian good shipped to the United States.
President Donald Trump announced a temporary pause on the 25% tariffs for imports from Mexico that comply with the United States-Mexico-Canada Agreement (USMCA), following discussions with Mexico’s President Claudia Sheinbaum.
Donald Trump has announced that goods that fall under the US-Mexico-Canada-Agreement (USMCA) will not face tariffs until April 2. Follow Newsweek's live blog.
The on-again, off-again tariffs on imports from Mexico and Canada proposed by President Donald Trump have trading partners fuming, corporations pausing and consumers worrying. The […] ‘Who Would Ever Sign a Thing Like This?
President Donald Trump suggested future tariff increases on Mexico and Canada, emphasizing historical exploitation of the US by global partners. The modifications aim to safeguard American industries while maintaining USMCA commitments.