Short-term gains
The recent 30-day suspension of American tariffs on Mexican and Canadian goods underscores the unpredictability of trade policy under US President Donald Trump.
The recent 30-day suspension of American tariffs on Mexican and Canadian goods underscores the unpredictability of trade policy under US President Donald Trump.
United States President Donald Trump has agreed to delay punishing tariffs on all exports from Canada and Mexico, which resulted in a threat of retaliatory tariffs from Canada.
India’s reduction in import tariffs is being positioned as a move toward greater trade openness in the midst of a major global trade war launched by the US which threatens to target more countries.
Trade wars are not fought with missiles and tanks, but their impact can be just as devastating. They are battles waged with numbers, policy manoeuvres, and, often, a touch of political bravado.
US tariff hikes on Mexico will be delayed by a month, President Donald Trump announced on Monday indicating a “deal” could be coming. Conversations with Canada are also underway, as Trump spoke with Justin Trudeau.
The Confederation of North, Central American and Caribbean Association Football (CONCACAF) announced it was delaying the event and all other competitions for 30 days.
The painter said he was happy with the three-year-long project, which has become popular over time, with new paintings being created every month.
According to the Foreign Secretary Marcelo Ebrard and Economy Secretary Graciela Marquez, the roughly 400 invited guests included business leaders, Republican lawmakers and two top officials from Mexico.
The Trump administration will raise tariffs on imports of derivative steel products by an additional 25 per cent and increases tariffs on imported derivative aluminium products by an additional 10 per cent starting February 8, according to the proclamation.
The new deal changes content rules on auto manufacturing and requires higher salaries for some Mexican auto workers.