President Donald Trump on Thursday postponed 25% tariffs on many imports from Mexico and some imports from Canada for a month amid widespread fears of the economic fallout from a broader trade war.
The White House insists its tariffs are about stopping the smuggling of fentanyl, but the taxes proposed by Trump have caused a gaping wound in the decades-old North American trade partnership, and Canada has felt compelled to quickly take aggressive countermeasures. Trump's tariff plans have also caused the stock market to sink and alarmed U.S. consumers.
MORE: https://www.krem.com/article/news/nation-world/trump-tariffs-mexico-delayed-most-goods/507-3b7d52d7-4fb4-4e03-b389-6ebb0be0c22b