财经少华
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On March 4, 2025, Trump restored tariffs on imports from Canada and Mexico, which had been suspended for a month, causing a crash in the stock market. Trump stated that Canada and Mexico were ineffective in preventing the flow of drugs and crime into the United States and used tariffs as a bargaining tool.
On March 4, U.S. Commerce Secretary Rutenik stated that Canadian and Mexican officials were in continuous negotiations with U.S. officials to lower tariffs, and Trump might reach a tariff agreement on March 5, but would not fully eliminate the tariffs, as Canada and Mexico need to make greater efforts in relevant areas.
The tariffs have driven up prices across multiple industries, affecting the cost of living for consumers. At the same time, Canada has imposed retaliatory tariffs and plans to impose additional ones, while Mexico is also retaliating against U.S. agriculture, which is unfavorable for U.S. export companies and may weaken the U.S. economy.
On March 4, U.S. Commerce Secretary Rutenik stated that Canadian and Mexican officials were in continuous negotiations with U.S. officials to lower tariffs, and Trump might reach a tariff agreement on March 5, but would not fully eliminate the tariffs, as Canada and Mexico need to make greater efforts in relevant areas.
The tariffs have driven up prices across multiple industries, affecting the cost of living for consumers. At the same time, Canada has imposed retaliatory tariffs and plans to impose additional ones, while Mexico is also retaliating against U.S. agriculture, which is unfavorable for U.S. export companies and may weaken the U.S. economy.
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