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Sources: Mexico-Canada tariffs take effect on March 1, Trump allows both countries to apply for "small" exemptions

On February 1st, three people familiar with the matter said that Trump's tariffs on Mexico and Canada will be implemented from March 1st, but the plan will include a process for these countries to seek specific exemptions for certain imports. The people familiar with the matter said they did not know the details of the final tariff rate, but pointed out that Trump has always said that he plans to announce a 25% tariff on imports from these two countries on Saturday. Separately, an administration...

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2025-01-31 17:22:45

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