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With Trump’s Reprieve on Tariffs, Mexico, Still Wary, Breathes Easier

MarkMark
in Other Investing
"On Thursday morning, President Claudia Sheinbaum of Mexico spoke with President Trump, in a last-ditch attempt to avert the 25 percent tariffs that Mr. Trump imposed this week on her country’s exports, which would devastate its economy.

For now, it appears to have worked.

On social media, after the two leaders’ call, Mr. Trump announced that he would give Mexico another month. At least until April 2, he said, Mexico will not be required to pay tariffs on anything that falls under the main North American trade pact."

NYT Article

Comments

  • CrashCrash
    Trumpian economic chaos is the way to describe what would otherwise ordinarily be labeled as "policy."
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