Trump walks back on Canada, Mexico tariffs yet again, pauses them till April 2

After speaking with President Claudia Sheinbaum of Mexico, I have agreed that Mexico will not be required to pay Tariffs on anything that falls under the USMCA Agreement,

Trump said on Truth Social

Paul Smith (fashion designer)sentencing in November last year, Judge

That’s a big gap in a week - it’s beyond the margin of error,

YouGov’s director of public data Paul Smith said

I did this as an accommodation, and out of respect for

the Mexican leader, Trump said on his Truth Social platform

However, while this decision reduces some short-term uncertainty, it also underscores the unpredictability of long-term trade policy, particularly as tariff discussions remain a key political issue,

Warrick said

Had tariffs been implemented, companies may have passed costs on to consumers through higher retail prices or shrinkflation (smaller product sizes for the same cost),

Warrick said

At first glance, this temporary reprieve from tariffs is a positive development for businesses relying on cross-border trade between the U.S., Mexico, and Canada. By keeping USMCA-covered goods exempt from tariffs through April 2nd, companies in key sectors gain a short-term period of economic stability, allowing them to plan operations with more certainty and avoid immediate price fluctuations."

David Warrick, EVP at Overhaul, a supply chain visibility and risk management company, told Newsweek

Not imposing the tariffs is absolutely a very positive development. However, the uncertainty created by the constantly changing tariff landscape is problematic. Greater certainty helps businesses across North America to make investments and strategic decisions. The constant whiplashing between imposing tariffs and not imposing tariffs fosters uncertainty. An uncertain business environment is detrimental to long-term prosperity and employment growth."

Economist Wayne Winegarden, who also serves as the director at the Center of Medical Economics and Innovation at the Pacific Research Institute, told Newsweek

Donald Trumppresident

I did this as an accommodation, and out of respect for, President Sheinbaum. Our relationship has been a very good one, and we are working hard, together, on the Border, both in terms of stopping Illegal Aliens from entering the United States and, likewise, stopping Fentanyl. Thank you to President Sheinbaum for your hard work and cooperation!"

President Donald Trump posted on Truth Social

This exemption is like putting a temporary bandage on a structural wound,

Michael Ryan, a finance expert and the founder of MichaelRyanMoney.com, told Newsweek ... I tell my clients