The White House says President Trump's trade policy will come to a head on April 2, when the administration unveils a plan for reciprocal tariffs. Why it matters: The new tariff regime will take aim at trading partners that officials believe treat domestic exporters unfairly.

Canada and Mexico wouldn’t immediately be subject to the new tariff regime, senior administration officials told reporters Wednesday, but instead would still be subject to the tariffs Trump previously imposed,

The Trump administration's recent executive order introduces a new ad valorem tariff on imports, sparking concerns about its effects on trade agreements with Canada and Mexico.

U.S. President Donald Trump’s announcement of sweeping tariffs across multiple countries has garnered strong criticism worldwide. Trump has set a base tariff of 10% on all imports into the country, effective from April 5,

The Donald Trump administration announced on Wednesday that Canada and Mexico will be exempt from the baseline 10 per cent tariff rate, as well as reciprocal levies for specific countries, for now. The 10 per cent tariff will only take effect when the original 25 per cent duties Trump imposed on Canadian and Mexican imports are either terminated or suspended.

President Donald Trump announced new tariffs, imposing a 10% baseline tax on most imports, with increased rates for nations with trade surpluses. Notable exceptions include Canada and Mexico due to existing agreements.

Seven years ago, when a joint bid by the United States, Canada and Mexico was awarded the 2026 World Cup, rifts created by tariffs — yes, back then, too! — and a proposed border wall were glossed over because of the neighbors’ longstanding political and economic alliances.

By David Lawder and David Shepardson (Reuters) -Canada and Mexico won protections against potential new U.S. auto tariffs in 2018 as part of the U.S.-Mexico-Canada Agreement on trade, but there is no evidence that President Donald Trump will honor those commitments as he imposes 25% duties on global automotive imports.