On February 25th, US President Trump said on the 24th that plans to impose tariffs on Mexico and Canada will “proceed as scheduled”. Trump held a joint press conference with visiting French President Macron at the White House that day. When asked about the upcoming deadline for the US to impose tariffs on Mexico and Canada next month, Trump said that the tariffs are being pushed forward as planned and seem to be progressing “very quickly”. He also said that the United States has been treated “very badly” by many trading partners, not just Canada and Mexico, but the United States has been “taken advantage of”. On the 1st of this month, Trump signed an executive order imposing a 25% tariff on products imported from Mexico and Canada, with a 10% increase on Canadian energy products. On the 3rd, Trump announced a 30 day suspension of the imposition of tariffs on the two countries and continued negotiations. According to this decision, the relevant tariff measures will take effect on March 4th.
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