EconomyLens.com
No Result
View All Result
Saturday, September 19, 2026
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Other

Trump says Canada, Mexico tariffs moving ‘forward’ on schedule

Emma Reilly by Emma Reilly
February 25, 2025
in Other
Reading Time: 5 mins read
A A
2
27
SHARES
342
VIEWS
Share on FacebookShare on Twitter

US President Donald Trump said tariffs he has unveiled on Canada and Mexico are going ahead as planned, in a press conference after talks with French President Emmanuel Macron. ©AFP

Washington (AFP) – US President Donald Trump said Monday that tariffs he unveiled on Canada and Mexico are moving forward as planned, addressing reporters after meeting with French counterpart Emmanuel Macron, who urged “fair competition” in trade. The two leaders’ talks, which focused on the conflict in Ukraine, come as Trump threatens allies and adversaries alike with fresh tariffs, sparking a flurry of negotiations.

Related

Trump’s beef policies irk Texas ranchers, testing their loyalty

Hushing and hedging: US companies retreat on climate

Stock markets diverge after central bank rate hikes

Russia seizes assets of Nestle, French firms over West’s Ukraine support

Asian stocks boosted by falling oil, yen weakens after BoJ rate hike

Shortly after taking office, Trump announced duties of up to 25 percent on Canadian and Mexican imports, citing illegal immigration and the flow of deadly fentanyl. But he issued a last-minute halt to the levies for a month as talks continued. The pause ends next Tuesday, and all eyes are on whether the North American neighbors can come to deals to avert their implementation — which would snarl supply chains in key sectors such as auto manufacturing.

“The tariffs are going forward on time, on schedule,” Trump told a press conference on Monday. Trump’s update came after Mexican President Claudia Sheinbaum said earlier Monday that talks with Washington would continue this week to avoid the sweeping levies. She expressed optimism about reaching a deal with Trump, hinting at potential levies on Chinese goods to secure an agreement. Sheinbaum also signaled that Mexico was open to an early review of its trade agreement with the United States and Canada ahead of a 2026 deadline.

Separately, Canadian Foreign Minister Melanie Joly told reporters Monday that “the threat of tariffs is a real one, and may continue for a while.” Trump reiterated at his press conference with Macron that Washington is also seeking “reciprocity” with other countries. He added: “If somebody charges us, we charge them.” Meanwhile, Macron called on Trump for “fair competition” in trade, noting that the American and European economies are deeply intertwined. While Trump has placed emphasis on trade in goods, Macron pointed out the United States is a major exporter in digital products. He urged for more investments on both sides.

Apart from blanket duties on major US trading partners Canada and Mexico, Trump has launched plans for “reciprocal tariffs” that would be tailored to each country, with details to come at a later time. In an interview later Monday with Fox News, Macron hit out at the Trump administration’s pledges to impose tariffs on multiple fronts. “Come on. You cannot have a trade war with China and Europe at the same time,” Macron said, adding that he hoped he convinced Trump as much. “The transatlantic relation is at a very important moment and the top priority is to work together very closely, to have a good, solid and sustainable peace in full transparency,” he said.

© 2024 AFP

Tags: Donald Trumptariffstrade
Share11Tweet7Share2Pin2Send
Previous Post

Mexico president hopeful of deal this week to avert US tariffs

Next Post

Spain’s Telefonica sells Argentina subsidiary for $1.2 bn

Emma Reilly

Emma Reilly

Related Posts

Other

AI doomsday warnings unlikely to slow IPOs but questions linger

September 19, 2026
Other

Asian stocks track Wall St rally as oil prices drop

September 18, 2026
Other

‘In our lane’: Fed’s Warsh defies Trump but still fighting for credibility

September 17, 2026
Other

GM delivers first components for US interceptor missiles

September 18, 2026
Other

Most stocks rise as Fed hikes and oil prices drop

September 17, 2026
Other

Most stocks rise as Fed hikes and indicates drive to curb inflation

September 17, 2026
Next Post

Spain's Telefonica sells Argentina subsidiary for $1.2 bn

Bolivia inaugurates steel plant built with Chinese loan

Trump's chip tariff threats raise stakes for Taiwan

Fires, strikes, pandemic and AI: Hollywood workers can't catch a break

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
2 Comments
Oldest
Newest Most Voted
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

104

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

Trump’s beef policies irk Texas ranchers, testing their loyalty

September 18, 2026

Nvidia, OpenAI CEOs to attend Xi dinner at White House

September 19, 2026

Anthropic picks Accenture for in-house AI safety evaluation

September 18, 2026

Global stocks mixed as yen falls despite Bank of Japan rate hike

September 19, 2026
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Your Privacy Choices

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2026 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.