Two days after imposing sweeping tariffs on Canada and Mexicobet813, President Trump on Thursday abruptly suspended many of those levies, sowing confusion with investors and businesses that depend on trade with the countries.

The president said he would allow products that are traded under the rules of the U.S.-Mexico-Canada Agreement, the trade pact he signed in his first term, to avoid the stiff 25 percent tariffs he imposed just days ago on two of America’s largest trading partners.

The suspension effectively abandons many of the tariffs that Mr. Trump had placed on Canadian and Mexican products — levies he said were necessary to stem the flow of drugs and migrants into the United States.

His decision came a day after he said he would grant a 30-day reprieve to automakers, who had complained to the president that the levies would cause severe damage to U.S. carmakers. Mr. Trump implied that any relief would be short-lived, saying that other tariffs on Canadian and Mexican products are coming in April.

Mr. Trump’s chaotic, stop-and-start approach has sent stock markets tumbling and generated anxiety among industries that depend on trade with Canada and Mexico, which account for more than a quarter of U.S. imports and nearly a third of U.S. exports. After Mr. Trump imposed his tariffs, Canada retaliated with levies on $20.5 billion worth of American goods, including agricultural products, and Mexico was threatening to impose its own import taxes on U.S. goods on Sunday if Mr. Trump did not relent.

Still, the decision to suspend the tariffs did little to calm financial markets, which have been jittery since Mr. Trump ratcheted up his trade war earlier this week. In addition to hitting Canada and Mexico, Mr. Trump placed a second 10 percent tariff on all Chinese imports, prompting another round of retaliation from Beijing on American products. The president has not suspended any of his levies on China.

7jogos Tariffs in Trump’s second term in office

As of March 6

StatusCountryDescriptionIn effect Feb. 4China10% on all imports ›In effect March 4Mexico25% on all imports ›In effect March 4Canada25% on most imports, lower rate for energy ›In effect March 4ChinaAdditional 10% on all imports ›Suspended March 6Canada and MexicoReprieve for goods that fall under the USMCA trade pact ›Planned March 12World25% on aluminum and steel ›Planned April 2WorldUnspecified tariff on all agricultural productsPlanned April 2WorldUnspecified tariff on all foreign cars ›

Source: Peterson Institute for International Economics, Wells Fargo Economic Insights

The New York Times

The indictment raised immediate questions about Adams’s ability to serve as mayor. He is the first mayor in modern New York City history to be charged while in office.

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Smartmatic, which was little known before 2020, provided voting services in just one county in California during the election. But it, along with Dominion, was pulled into a cascade of conspiracy theories about election fraud promoted by supporters of President Donald J. Trump on cable networks and elsewhere as they tried to cast doubt over the election results.

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