Trump’s tariff strategy shifts, Canada and Mexico get relief
In an important change in policy, President Donald Trump of the United States has authorized directives to broaden the exclusions for tariffs that were recently placed on Canadian and Mexican products. This move represents a major reversal from actions that had raised concerns among industries and financial markets. The exclusions, impacting crucial areas of commerce between the U.S. and its top two trading allies, have been issued mere days after the tariffs came into effect.The declaration comes after several modifications to Trump's trade strategies. Earlier in the week, he temporarily exempted auto manufacturers from a 25% import duty, bringing temporary…
