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

Trump Delays Tariffs on Mexico Amid Economic Concerns

In a significant shift on trade policy, Trump has announced a one-month delay on tariffs for most goods imported from Mexico, aiming to alleviate growing economic fears and protect the auto industry. This decision comes as stocks take a hit, and concerns rise among American carmakers about the potential impact of the tariffs. Officials have indicated that the reprieve may extend to goods from Canada as well, although ongoing negotiations are expected. Auto workers and manufacturers are responding cautiously to this temporary relief, with some expressing anxiety over the long-term implications. Meanwhile, tensions continue to simmer in the broader Canada-U.S. trade relationship.
CNN, The Guardian, The Washington Post, The Associated Press, ABC News, MarketWatch, Argus Leader, The Economist, Reuters, The Hill