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Trump Halts Mexico Tariffs Amid Rising Trade Tensions, Domestic Economic Fears
President Donald Trump is reversing course on tariffs against Mexico, stepping back from a trade war he started with the nation's southern neighbor.
In a Thursday, Mar. 6 post on his social media platform Truth Social, Trump said he struck a deal with Mexican President Claudia Sheinbaum to delay tariffs on goods covered by the United States-Mexico-Canada Agreement (USMCA).
The pause will be in effect until Tuesday, Apr. 2.
"I did this as an accommodation, and out of respect for, President Sheinbaum," Trump posted. "Our relationship has been a very good one, and we are working hard, to…
Stocks Plummet After Trump Says Tariffs On Canada, Mexico Will Start, Igniting Trade War Fears
President Donald Trump announced that tariffs on Canada and Mexico will take effect in less than a day, sending the stock market tumbling amid fears of a trade war.
Trump said on Monday afternoon, March 3, that the US will impose 25 percent rates on imports from the two neighboring nations and the United States’ primary trading partners, effectively quashing any last-minute hopes for a negotiated agreement.
“There’s no room left for Mexico or for Canada” to negotiate to prevent the tariffs from taking effect on Tuesday, March 4, Trump said at the White House, adding, “They’re all set.”
The…
Lowey Will Bring Hudson Valley Dreamer To Trump's State Of Union Address
U.S. Rep. Nita Lowey, a Harrison Democrat who represents Westchester and Rockland counties, said she will bring Pearl River resident Hugo Alexander Acosta Mazariego, a so-called "Dreamer," as her guest at Tuesday’s first State of the Union address by President Trump.
“I want to be clear: Dreamers are Americans,” Lowey said in a news statement. “They contribute to our economy, our communities, and our strength and stability as a nation. Hugo is no exception. When I read Hugo’s letter to my office, I was inspired by his life’s story, his courage to speak out, and his love for the Uni…