Trump Likely to Defer Tariffs on Goods, Services Under USMCA

Posted by TrouauaiAdvice

17 Comments

  1. TrouauaiAdvice on

    >President Donald Trump is likely to defer tariffs on Canada and Mexico for all goods and services covered by the North American trade agreement known as USMCA, Commerce Secretary Howard Lutnick said.

    >Trump will decide Thursday on the scope of a one-month exemption on 25% tariffs imposed this month on the US’s two largest trading partners, Lutnick said in an interview with CNBC. “I think it’s likely it will cover all USMCA-compliant goods and services,” he said.

    >Lutnick said he and Trump would be speaking with their Mexican counterparts later Thursday and that both Mexico and Canada “offered us an enormous amount of work on fentanyl.” Trump earlier spoke with Canadian Prime Minister Justin Trudeau. The US president previously offered a one-month exemption to automobiles covered by USMCA.

  2. Professional-Cry8310 on

    There should be no change in any retaliation by Canada and Mexico until an agreement is reached to get rid of them indefinitely. Kicking the can down the road for a few weeks is the WH showing it can’t stomach this for the long term. Too much political pressure from industry who have to actually deal with the fallout of this pissing contest.

  3. demoncrusher on

    We should have paid more attention to all those time travelers who kept trying to assassinate him

  4. Whatever happens, keep up the targeted boycotts of red state products like Kentucky whiskey. Hit them where it hurts.

  5. Just-Act-1859 on

    The problem being that Trump and USTR are going to decide what is and is not compliant with USMCA.

    Basically wherever the U.S. has an irritant (dairy, softwood, digital services) they’ll keep the tariffs.

  6. AMagicalKittyCat on

    Tariffs now! No exception! Oh wait nevermind.

    Tariffs now! No exception! Oh wait nevermind.

    Tariffs now! No exception! Oh wait nevermind.

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