President Donald Trump announced that tariffs on Canada and Mexico, previously delayed, will be reinstated on March 4, along with an additional 10% tariff on China. This decision follows Trump’s earlier remarks about imposing 25% tariffs on EU imports and his reciprocal tariff policy set to begin on April 2. Trump emphasized that both Canada and Mexico must address fentanyl trafficking to avoid further tariffs. Meanwhile, Mexico’s President Claudia Sheinbaum expressed optimism about negotiating a deal with the U.S. to prevent these tariffs.

Source: https://www.supplychaindive.com/news/trump-tariffs-canada-mexico-eu-china-march-4/741113/