President Donald Trump on Thursday announced a nearly one-month tariff delay on all products from Mexico that are covered by the USMCA free trade treaty, a significant walkback of the administration’s signature economic plan that has rattled markets, businesses and consumers.
Commerce Secretary Howard Lutnick also said Thursday that Trump will likely announce later in the day a one-month delay on all Canadian tariffs. But negotiations were ongoing and it remained unclear whether a deal would ultimately be accomplished, a senior Canadian government source told CNN.
“After speaking with President Claudia Sheinbaum
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