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U.S. President Donald Trump and Mexican President Claudia Sheinbaum said Monday that their planned tariffs were on hold for a month to give time for further negotiations. The statement was confirmed by the White House.
Trump’s tariffs against Canada and China are still slated to go into effect on Tuesday.
Here’s the latest:
China renews threat to retaliate against US tariffs
U.S. President Donald Trump’s trade war with Canada, Mexico and China is ramping up over the production and importation of the opiate fentanyl, along with trade surpluses and illegal border crossings by migrants from across the globe.
China, meanwhile, has reiterated its threat to take “necessary countermeasures to defend its legitimate rights and interests” following Trump’s decision to impose 10% tariffs on China for allegedly doing too little to stem the production of precursor chemicals for fentanyl.
▶ Read more about what Beijing says about it
Import taxes still in place for Canada and China
Trump’s tariffs against Canada and China are still slated to …
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