President Trump delays tariffs on most goods from Mexico for a month

Mexican flag 1280x720.jpg

Market Day Report

President Trump has postponed 25 percent tariffs on most goods from Mexico for a month.

The announcement comes after Howard Lutnick, his Commerce Secretary, said tariffs on both Mexico and Canada would likely be delayed, according to AP News. It also marks the second one-month postponement the President has announced since early February when it unveiled the import taxes.

Lutnik stated that the reciprocal tariffs will still be implemented on April 2nd.

Story via Christopher Rugaber with AP News

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