News / Trump suspends Mexico tariff for a month... sparing Canada too now

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Hours after exempting Mexico from punishing 25% tariffs, for a month on goods traded under an existing free trade agreement, Donald Trump has spared Canada too.

The US president’s decision to step back suggests a softening towards the neighbours after what looked set to be a fiery trade war, only five years after they signed the US Mexico Canada trade deal (UMSCA), which Mr Trump himself negotiated after years of railing against the North American Free Trade Agreement.

Writing on the social ...