Tuesday , 4 March 2025
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Trump tariffs bump on China takes effect, also tariffs on Canada and Mexico

The tariffs bump on China sees it move up to 20% now, from 10% previously. But on the latter i.e. Canada and Mexico, there was some confusion as there was no mention of that when he signed the order yesterday here.

The White House is now out saying that the tariffs will go ahead as planned though here. But I want to make a highlight on the wording used in the statement. More to come..

This article was written by Justin Low at www.forexlive.com.

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