President Donald Trump announced Monday he would place 25% tariffs on all goods from Canada and Mexico and also doubled the levy on goods from China to 20%. After stock markets dropped and other countries began to retaliate, Trump on Thursday announced he was postponing tariffs on Canada and Mexico until April 2.
The decision comes after Commerce Secretary Howard Lutnick said that tariffs on both Mexico and Canada would "likely" be delayed.
The Trump administration has made good on its promise to tax imports from Canada and Mexico, and New York leaders are worried about the short- and long-term effects that will have on the state's economy,
An investigation has been launched into the deaths of Gene Hackman and his wife, Betsy Arakawa. The couple and their dog were found dead inside their Santa Fe, NM, home by Santa Fe County police on Wednesday afternoon.
President Claudia Sheinbaum’s government made major concessions — and delivered results — to avert President Trump’s 25 percent tariffs. He imposed them anyway.
On Wednesday, Trump granted U.S. automakers that trade under USMCA a one-month exemption from the tariffs following concerns raised by Ford, General Motors and Stellantis. The three automakers said the levies are unsustainable for domestic car manufacturing, The Associated Press reported.
Tariffs from the Trump administration that took effect Tuesday are expected to disrupt the agriculture industry in New York, where farmers are bracing for higher costs and