President Donald Trump is reportedly pausing the 25% tariffs on Mexico and Canada that went into effect Tuesday, March 4. The pause will last until April 2. This news comes one day after President Trump announced a tariff reprieve for automakers and a few hours after his TruthSocial announcement that tariffs on Mexico will be paused for goods and services that fall under the USMCA trade agreement.
Yahoo Finance Senior Reporter Jennifer Schonberger joins Market Domination with Josh Lipton and Julie Hyman to explain the details of the recent development, also outlining Treasury Secretary Scott Bessent’s optimistic outlook on inflation and tariffs in remarks he made on Thursday.
To watch more expert insights and analysis on the latest market action, check out more Market Domination here: https://finance.yahoo.com/videos/series/market-domination/
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