It appears the Trump administration’s tariffs on Canada and Mexico are changing hour by hour.
Trump said he will pause tariffs on Mexican goods that fall under the USMCA trade agreement until April 2.
“After speaking with President Claudia Sheinbaum of Mexico, I have agreed that Mexico will not be required to pay Tariffs on anything that falls under the USMCA Agreement,” Trump posted on Truth Social. “This Agreement is until April 2nd.”
Commerce Secretary Howard Lutnick said all goods and services that are compliant with the USMCA trade agreement will likely be excluded from Trump’s tariffs for one month.
“It’s likely that it will cover all USMCA compliant goods and services, so that which is part of President Trump’s deal with Canada and Mexico are likely to get an exemption from these tariffs,” Lutnick told CNBC. “The reprieve is for one month,” he said.
This is no way to run a country’s trade policy. For starters, it would be helpful if the president and the Secretary of Commerce could announce the same policies at the same time, instead of Lutnick going on CNBC and saying Trump is likely to do something. If we’re going to have tariffs, they need to be clear and simple, none of this last-minute-exception nonsense. We’ve seen more consistency and stability in Kim Kardashian’s love life.