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Simon Marks reacts to Trump's tariff 'climb downs' | LBC
Posted
March 7, 2025
Views
91,476
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March 7, 2025
91,476
1,234
615
2.02%
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8:13Now PlayingUS 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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