Business

President Donald Trump reversed course on Thursday, March 6, delaying previously-imposed tariffs on some goods imported from both Canada and Mexico until April 2, according to a Reuters report. The president imposed tariffs on the two trading parters on Tuesday, March 4 after initial delays. The exemption will apply to goods previously covered under the U.S.-Mexico-Canada Agreement, reducing taxes on goods flowing between the three North American trading partners. On March 4, Trump imposed a 25% tariff on goods and 10% tariff on cars imported from Canada and Mexico. What tariffs have been rolled back? Those tariffs began to roll…