Jump to content
The Evolution of Gaga
economy

Trump backtracks on tariffs


Morphine Prince

Featured Posts

Morphine Prince

Two days after putting 25% tariffs on goods from Mexico and Canada, President Trump said on Thursday that he will largely lift them — the latest twist in his on-again, off-again approach to an issue that has sent markets into a tailspin.

Trump started to tap the brakes on the tariffs on Wednesday, after talking to the Big Three U.S. automakers. And then after a conversation with Mexican President Claudia Sheinbaum on Thursday, he said on social media that he would give a break to all Mexican goods covered by the United States-Mexico-Canada Agreement (USMCA).

A few hours later, he signed executive orders that included relief for Canadian goods covered by the USMCA.

Trump told reporters the shift had nothing to do with recent market downturns, which he downplayed as "a little short term interruption," blaming foreign countries and "globalist companies" for "ripping off" the United States.

"I'm not even looking at the market, because long term, the United States will be very strong with what's happening here," Trump said.

The reprieve will last until at least April 2, when Trump plans to begin reciprocal tariffs on goods from a wider range of countries.

The rates, products and countries affected by the upcoming reciprocal tariffs are still to be determined.

Canada and Mexico may avert the 25% tariffs beyond April 2 if they show they have made more progress curbing fentanyl trafficking, a senior administration official told reporters on a conference call ahead of the signing, speaking on condition of anonymity.

Read more: https://www.npr.org/2025/03/06/nx-s1-5320044/trump-tariffs-mexico-canada

Link to post
Share on other sites

Purrrrrr

trump will be backtracking his booty down a pole by the end of the year

the mayhem effect :stupidoreo:

Meow
Link to post
Share on other sites

Economy

This hell is never gonna end. Its crazy to think the Presidency JUST started :air:

Link to post
Share on other sites

Murakami27

Punk ass b*tch who can’t follow through. Glad we’re not back down. You started this trade war and Canada will follow through on our end. Too little too late. 

Link to post
Share on other sites

Lucas

This spoiled brat saw that other countries were fighting back, probably not used to NOT get what he wants served in a gold spoon

Link to post
Share on other sites

garbage day
14 minutes ago, Shadow of a Cat said:

trump will be backtracking his booty down a pole by the end of the year

the mayhem effect :stupidoreo:

THE DEFINITION OF PUSSYFOOTING

Link to post
Share on other sites

Emvee

Claudia Sheinbaum gave that little man the off ramp that we ALL needed. Same thing happened last month. Trump backed off right after talking to Sheinbaum directly. The media is not giving her the credit that she deserves. Especially considering this had nothing to do with fentanyl or immigration. We already know who started the fentanyl epidemic- it was US pharmaceutical companies overprescribing opioids. The United States got their own citizens hooked on this disgusting drug. 

Link to post
Share on other sites

Morphine Prince
18 minutes ago, Economy said:

This hell is never gonna end. Its crazy to think the Presidency JUST started :air:

He’s going to do this EVERY month. 

Link to post
Share on other sites

Lextyr97

Can someone summarize. I’m too high. All China, Mexico, and Canada tariffs are off for US?

Link to post
Share on other sites

Flareon Voyager

I hope other countries continue to slap tariffs on the US and avoid doing business. Destroy the US economy. This is the only way to wake people tf up.

Link to post
Share on other sites

Petie Estie

can somebody pleeeease end this hellllll

Call your therapist...it's Petie Estie
Link to post
Share on other sites

Archived

This topic is now archived and is closed to further replies.

×
×
  • Create New...