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3/7/2025 8:59:07 AM (GMT+1)

Trump expanded the list of goods exempt from new tariffs on imports from Canada and Mexico in response to economic and trade threats, despite the ongoing tension

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U.S. President Donald Trump signed an order expanding the list of goods exempt from new tariffs on imports from Canada and Mexico, introduced this week. This decision followed a temporary exemption for automakers from the 25 percent tariffs. Canadian Prime Minister Justin Trudeau stated that the trade war with the U.S. will continue despite partial concessions. Mexico thanked Trump for these steps. Economists warn of potential price increases on consumer goods and economic difficulties for the U.S. neighbors, as well as possible consequences for the U.S. market.


This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.



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