In early 2025, Donald Trump announced a suspension of new tariffs on imports from Mexico and Canada. The decision was the result of negotiations, during which the parties agreed to enhance security measures at the borders and combat illegal drug trafficking.

However, by the end of February, Trump changed course: starting March 4, the U.S. imposed a 25% tariff on most goods from Canada and Mexico, and for oil and gas from Canada, the tariff was set at 10%. At the same time, tariffs on goods from China were raised to 20%.

These measures raised concerns among businesses, which fear rising prices, disruptions in logistics, and new tensions in global trade. Trump's tariff policy remains unpredictable, adding uncertainty for investors and international partners.