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News in English (USA) / 06.03.2025 / 21:00

Trump Delays Tariffs on Mexican Goods Amid Economic Concerns

In a recent shift in trade policy, President Trump announced a one-month delay on tariffs for certain imports from Mexico, while maintaining tariffs on goods from Canada. This decision comes as economic fears grow and the automotive industry seeks relief. U.S. automakers welcomed the temporary reprieve, which was granted amidst ongoing trade tensions and concerns about rising car prices. Meanwhile, stocks have reacted negatively as uncertainty surrounding trade policies continues to impact markets. The delay allows for a brief pause, which many in the automotive sector hope will stabilize business conditions.
The Associated Press, The New York Times, CNBC, CNN, Media Matters for America, BBC.com, Financial Times, The Wall Street Journal, The Washington Post, Bloomberg