Insignia Consultants | Reuters Exclusive: Trump set to impose tariffs on Mexico, Canada starting on March 1, sources say
Reuters Exclusive: Trump set to impose tariffs on Mexico, Canada starting on March 1, sources say
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WASHINGTON, Jan 31 (Reuters) - U.S. President Donald Trump is expected to announce new tariffs against Canada and Mexico that will begin on March 1, but will include a process for the countries to seek specific exemptions for certain imports, three people familiar with the planning told Reuters.
The tariff situation remained fluid on Friday and no decision is final until Trump makes a public announcement.
The sources, who asked not to be named because they are not authorized to speak publicly on the matter, said they did not have details on a final tariff rate, but noted Trump has consistently said that he plans to impose a 25% tariff on imports from the two countries on Saturday.
