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Mexico won't have to pay tariff on certain goods till April 2: Trump
India Today
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3/7/2025
Two days after Donald Trump's long-anticipated tariffs on Mexico took effect, the President announced on Thursday that the country's southern neighbor would be exempt from tariffs on certain goods until April 2.
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00:00
All right, news now coming in meanwhile, there could be a U-turn on Mexico by Donald Trump,
00:06
at least one of the countries that the US president willing to spare now.
00:11
Remember that he's gone after at least four to five nations, including India, when it
00:16
comes to either high tariff or reciprocal tariff.
00:19
Tariffs on Mexico have been relaxed, but the heat still building on the neighbor nation,
00:25
Canada.
00:27
We do not need Canada's lumbering cars.
00:31
Trump slams Canada as a high, is a high tariff nation and that will continue to stand.
00:56
I'll tell you what's a high tariff nation is Canada.
01:01
Canada charges us 250% for our milk product and other product and a tremendous tariff
01:09
on lumber and things as such, and yet we don't need their lumber.
01:12
We have more lumber than they do.
01:14
We don't need Canada's lumber.
01:16
So what I'm doing is I'll be signing an executive order freeing up our forests so that we're
01:23
allowed to take down trees and make a lot of money and then reharvest trees.
01:30
Also, we're cutting fire divides.
01:32
A fire divide is a 50 yard to 70 yard swath where the trees can't, you know, it's long
01:39
enough so trees don't burn forever until you can get them out.
01:44
And those trees can be sold and made a lot of money with so.
01:47
But we'll be doing that.
01:48
We don't need trees from Canada.
01:50
We don't need cars from Canada.
01:52
We don't need energy from Canada.
01:55
We don't need anything from Canada.
01:57
India Today's Shivani Sharma tracking all the latest on that.
02:00
Shivani, I bring you in here.
02:02
Definitely Trump is acting more with the expertise of businessman that he has, isn't it more
02:08
as a than a politician or a statesman here?
02:11
Pooja, what we've been seeing that Donald Trump, he has been claiming even before the
02:16
elections, he said that he wants to make America great again.
02:19
He wants all the resources that have been moving out of the country to be back in the
02:23
country.
02:24
And that's why all the policies or tariff award that we are seeing regarding these particular
02:31
statements that we see in America, this is all centered for the people of America.
02:38
That's what Trump is trying to show, in fact, that whatever resources, whatever money, whatever
02:44
trade he's doing now, he's doing to bring the resources back to America.
02:48
And the fentanyl issue or the border issues where the law has become suddenly very strong.
02:55
We see that Trump is now trying to bring back the resources that was that's what, in fact,
03:00
he's trying to at least claim.
03:02
And that's why all these statements that we are seeing each day is bringing a lot of uncertainty
03:07
with the with the relation with reference to the relations between Canada, Mexico and
03:13
United States and or a number of other countries to Pooja.
03:17
All right, Shivani, we'll be tracking all the latest on that for now.
03:20
It appears that there's been at least one step back for Mexico, for Donald Trump.
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