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Trump confirms tariffs on Canadian, Mexican imports begin next month
Posted on February 25, 2025 |
Trump decided to lift the 30-day suspension on tariffs, despite ongoing talks with officials from Canada and Mexico.
The U.S. will apply a 25% tariff on Mexican imports and tax most Canadian goods, with a 10% tariff on energy products like oil and electricity.
This decision heightens trade tensions with Canada and Mexico, marking a change in U.S. trade policy.