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Simon Marks reacts to Trump's tariff 'climb downs' | LBC

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March 7, 2025

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US President Donald Trump has said he is lifting tariffs on most goods from Mexico for four weeks amid economic fears from a trade war.

Tariffs came into force on Mexico, Canada and China earlier this week.

But on Wednesday Trump gave car manufacturers a one-month exemption on tariffs on imports from Mexico and China.

On Thursday, US commerce secretary Howard Lutnick said the one-month delay in the import taxes "will likely cover" all goods and services under the United States-Mexico-Canada Agreement, or USMCA, the trade agreement Mr Trump negotiated in his last term that replaced NAFTA.

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Guests & Subjects Covered

US President Donald TrumpMexico CanadaWednesday TrumpChina On Thursday USHoward LutnickUnited States-Mexico-Canada AgreementMr TrumpNAFTA Listen

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Simon Marks reacts to Trump's tariff 'climb downs' | LBC · Lbc · Sentinel