04-09-2025, 02:29 PM
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#2842
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Franchise Player
Join Date: Oct 2003
Location: North Vancouver
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https://www.cbc.ca/news/world/livest...xico-9.6717027
Quote:
It's been a confusing day. As Verity said, it turns out Canada and Mexico are not getting a new 10 per cent tariff after all.
The White House reversed its earlier announcement in a new statement just now. Here's the bottom line: No new developments for Canada and Mexico today.
That means there are still worldwide 25 per cent tariffs on steel and aluminum, on some auto parts in North America, and on some goods traded within North America outside the rules of the Canada-U.S.-Mexico Agreement on trade (CUSMA).
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Quote:
Inu Manak, the international economic policy expert, said she thinks the lack of clear communication from the get-go is "more than shocking."
"Honestly, this is not how you make trade policy. This is not sensible," she said.
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