💨 Abstract

President Donald Trump delayed tariffs on Mexico and Canada, citing a short-term period for certain products, before imposing higher tariffs on April 2. The tariffs aim to protect American car manufacturers and farmers. The modifications in tariffs against Canada and Mexico are in line with the United States-Mexico-Canada Agreement (USMCA), which makes the three North American countries a free trade zone.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖