U.S. President Donald Trump has revised his tariff policy, granting temporary relief to Mexico and Canada. In his latest decision, Trump has signed an order postponing certain tariffs on imports from these countries until April 2. As a result, Mexican imports will be exempt from the proposed 25% tariff for an additional month, allowing businesses to adjust to potential trade disruptions.Similarly, Canadian exports, particularly in the automobile and auto parts sector, will also benefit, as the 25% tariff remains on hold. This decision is seen as an effort to manage economic relations with key North American trade partners while maintaining his tough stance on trade policies. The move is expected to bring short-term relief to manufacturers and exporters in both Mexico and Canada, while businesses closely monitor further policy shifts.
