President Trump postpones tariffs on Mexican and Canadian products [Video]

President Donald Trump announced a four-week postponement of tariffs on Mexican and Canadian products, reversing a decision made earlier this week.”This comes from that Canada has done an enormous amount, they’ve offered us an enormous amount on fentanyl, and so is Mexico,” said Commerce Department Secretary Howard Lutnick.Imports from Mexico that comply with the 2020 USMCA trade pact would be excluded from the 25% tariffs for a month, according to the orders signed by Trump. Auto-related imports from Canada that comply with the trade deal would also avoid the 25% tariffs for a month, while the potash that U.S. farmers import from Canada would be tariffed at 10%, the same rate at which Trump wants to tariff Canadian energy products.Canada’s Prime Minister Justin Trudeau responded by stating that retaliatory tariffs against the United States will remain in place.”What a mess President Trump has created,” said Ontario Premier Doug Ford. “The …