Trump says Canada and Mexico tariffs are ‘going forward’ with more import taxes to come
WASHINGTON — President Donald Trump said Monday that his tariffs on Canada and Mexico are starting next month, ending a monthlong suspension on the planned import taxes that could potentially hurt economic growth and worsen inflation.
“We’re on time with the tariffs, and it seems like that’s moving along very rapidly,” the U.S. president said at a White House news conference with French President Emmanuel Macron. While Trump was answering a specific question about the taxes to be charged on America’s two largest trading partners, the U.S.
president also stressed more broadly that his intended “reciprocal” tariffs were on schedule to begin as soon as April.Trump has claimed that other countries charge unfair import taxes that have come at the expense of domestic manufacturing and jobs. His near constant threats of tariffs have already raised concerns among businesses and consumers about an economic slowdown and accelerating inflation.
Still, Mexican President Claudia Sheinbaum appeared confident Monday that her administration would reach agreements with the U.S. government before the deadline set by Trump.FM Aurangzeb underlines significance of well-regulated digital asset frameworkPTI founder has said he will write a letter to the Chief Justice, Salman Akram Raja
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