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Thursday, March 6, 2025

US signals tariff relief for Canada, Mexico as trade gap widens

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The United States hinted Thursday at an expanded reprieve for Canada and Mexico from President Donald Trump’s steep tariffs, with a one-month pause for car imports potentially extended to all goods covered by a North American trade pact. Commerce Secretary Howard Lutnick told CNBC: “It’s likely that it will cover all USMCA compliant goods and

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