Trump Postpones Tariffs on USMCA Imports for One Month

Late Thursday, President Trump reversed course and postponed 25% tariffs on Mexican and Canadian goods amid widespread concerns about the impact a broader trade war will have on the U.S. economy.  The Associated Press said the announcement was made shortly after Commerce Secretary Howard Lutnick had said tariffs on both Canada and Mexico would likely be delayed.  The Administration noted that the tariffs will return April 2^nd

Trump first announced the tariffs in February, and this is the second time the president has postponed the import duties.

Several lawmakers are calling on the President to Reverse Course on His Tariff Plan.  Minnesota Democrat Senator Amy Klobuchar, led 14 other Senators in urging President Donald Trump to reconsider his recently imposed tariffs that threaten American farmers, ranchers, businesses, and consumers.  The tariffs on Canada, Mexico and  China they said will make it harder for farmers to sell their products, increase input costs, and make it harder for Americans to put food on the table.

In a letter to the White House, the Senators said, “At a time when farmers operate on razor-thin margins due to low commodity prices and increased input costs, the chaos and uncertainty of these tariffs threaten their livelihoods.” It also makes it harder for farmers to sell their products and for people to put food on their tables. “Farm families should not be collateral damage,” they added.

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