Trump’s Tariffs Coming March 4

On Thursday, US President Donald Trump took to social media platform X (formerly known as Twitter) to announce that his planned 25% tariff package targeting Mexico and Canada will now come into effect on March 4, instead of the previously reaffirmed date of April 2. Additionally, President Trump revealed that an extra 10% tariff on Chinese goods will also be implemented on the same date.

Meanwhile, White House officials have hinted at further “reciprocal tariff” packages in the works, aimed at a broad range of countries. This expansion is likely to include the UK and the European Union. More statements from President Trump are anticipated throughout the day.

Key highlights include:

– Tariffs on Mexico and Canada set for March 4, with an additional 10% tariff on Chinese goods.

– The April 2 reciprocal tariff date remains unchanged.

– Trade discussions between the US and the UK, led by Trump and Starmer, will focus on achieving reciprocal, equal trade.