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US tariff deadline for Canada, Mexico lapses without deal
World News
04-03-2025 | 04:27
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US tariff deadline for Canada, Mexico lapses without deal
Steep U.S. tariffs on Canadian and Mexican goods came into effect Tuesday as a deadline to avert President Donald Trump's levies passed without the North American neighbors striking a deal.
Canadian goods will face a 25 percent tariff -- with energy resources hit by a lower 10 percent rate -- while Mexican products face a 25 percent blanket levy, according to orders Trump previously signed.
He cited a lack of progress in tackling drug trafficking as he pushed ahead with the duties.
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EU proposes easing spending rules to boost defense investments
EU must reach 'balanced deal' with US over tariffs: French Economy Minister
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