Trump pauses some Mexico, Canada tariffs: What’s exempt, and what’s next?

President Donald Trump paused tariffs on imports from Mexico and Canada for a month, exempting goods covered by the USMCA agreement from the 25 percent tariffs that had been imposed. The pause, effective Friday, comes after negotiations with Mexican President Claudia Sheinbaum and Canadian Prime Minister Justin Trudeau. Trump plans to impose a global regime of reciprocal tariffs on April 2, while still moving forward with a 25 percent tariff on steel and aluminium imports on March 12.

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