Trump Delays Canada & Mexico Tariffs Again, New Deadline: April 2:

It appears that understanding the repercussions of a trade war not only impacts other countries, but the US too, is slowly dawning on President Trump. Promptly after receiving the news of a crashing stock market, coupled with fears of a looming recession, he was forced to announce a 'temporary pause' on the 25 percent tariffs placed on imports from Canada and Mexico. He shouldered these tariffs with the hope of stepping into office ready to start a war with any country that the US has a trade deficit with.

He’s getting tired of the endless tariff wars

This pause appears to follow a one-month exemption on USMCA United States-Mexico-Canada Agreement vehicles. Lifting the exemption helps take steps towards pausing the tariff blows.

At a press conference in India, he claimed that as of April 2, Canadians and Mexicans will be getting charged back. This also aligns with when India and the rest of the world is expected to slap their tariffs. The white house cut-off is only a week away, and only applies to part of expenditure coming from Canada. We were told that just under two-thirds of Canada will be hit with the new trade charges.

How Canada and Mexico forced Trump to walk back his promises

In his interactions with other countries, Trump has always behaved like a bully. He has tried to subdue other nations to meet his whims, but with Mexico and Canada, he has failed this time. The two countries are putting in place their own counter measures as well.

Trump and his supporters have constructed defense for the tariffs which includes that Canada, Mexico and China will pick up the bill. In actuality, United States corporations which import the products bear the burden, and subsequently, that cost is transferred to the American public.

Fox News informs viewers that the Trump tax will be footed by Americans

Trump's war of taxation against Mexico and Canada was so damaging that Fox News, which incidentally is managed by Rupert Murdoch and stands as the trumpeters fall back station, has recently stated how these tariffs will result in greater burden for Americans rather than the Canadian, Mexican, and Chinese as previously believed

Fox Anchor Brett Baier: President Trump insists U.S. manufacturers will be protected because tariffs will be paid by these countries. But, it's not quite that simple. The companies responsible for importing a product are the ones who physically pay tariffs.. They are usually US… pic.twitter.com/phh2yHb2qo
— Acyn (@Acyn) March 4, 2025

Scott Bessent, the US Secretary of Treasury stated on Thursday, in his trademark nonchalance, that Trump's tax policies did not lead him to worry about inflation. He also remarked that any changes to cost brought forth would at best be marginal with deflation being the major possibility.