{"id":137953,"date":"2025-03-03T07:20:15","date_gmt":"2025-03-03T05:20:15","guid":{"rendered":"https:\/\/tietopankki.crnet.fi\/news\/donald-trump-plans-tariffs-on-mexico-and-canada-for-tuesday\/"},"modified":"2025-03-03T07:20:15","modified_gmt":"2025-03-03T05:20:15","slug":"donald-trump-plans-tariffs-on-mexico-and-canada-for-tuesday","status":"publish","type":"post","link":"https:\/\/tietopankki.crnet.fi\/fi\/news\/donald-trump-plans-tariffs-on-mexico-and-canada-for-tuesday\/","title":{"rendered":"Donald Trump plans tariffs on Mexico and Canada for Tuesday"},"content":{"rendered":"<div class=\"mp_wrapper\">\n  <div class=\"mepr-unauthorized-message\">\n    <p>You are unauthorized to view this page.<\/p>\n  <\/div>\n  <div class=\"mepr-login-form-wrap\">\n            \n<div class=\"mp_wrapper mp_login_form\">\n                  <!-- mp-login-form-start -->     <form name=\"mepr_loginform\" id=\"mepr_loginform\" class=\"mepr-form\" action=\"https:\/\/tietopankki.crnet.fi\/fi\/login-2\/\" method=\"post\">\n            <div class=\"mp-form-row mepr_username\">\n        <div class=\"mp-form-label\">\n                              <label for=\"user_login\">Username<\/label>\n        <\/div>\n        <input type=\"text\" name=\"log\" id=\"user_login\" value=\"\" \/>\n      <\/div>\n      <div class=\"mp-form-row mepr_password\">\n        <div class=\"mp-form-label\">\n          <label for=\"user_pass\">Password<\/label>\n          <div class=\"mp-hide-pw\">\n            <input type=\"password\" name=\"pwd\" id=\"user_pass\" value=\"\" \/>\n            <button type=\"button\" class=\"button mp-hide-pw hide-if-no-js\" data-toggle=\"0\" aria-label=\"Show password\">\n              <span class=\"dashicons dashicons-visibility\" aria-hidden=\"true\"><\/span>\n            <\/button>\n          <\/div>\n        <\/div>\n      <\/div>\n            <div>\n        <label><input name=\"rememberme\" type=\"checkbox\" id=\"rememberme\" value=\"forever\" \/> Remember Me<\/label>\n      <\/div>\n      <div class=\"mp-spacer\">&nbsp;<\/div>\n      <div class=\"submit\">\n        <input type=\"submit\" name=\"wp-submit\" id=\"wp-submit\" class=\"button-primary mepr-share-button \" value=\"Log In\" \/>\n        <input type=\"hidden\" name=\"redirect_to\" value=\"\/fi\/wp-json\/wp\/v2\/posts\/137953\" \/>\n        <input type=\"hidden\" name=\"mepr_process_login_form\" value=\"true\" \/>\n        <input type=\"hidden\" name=\"mepr_is_login_page\" value=\"false\" \/>\n      <\/div>\n    <\/form>\n    <div class=\"mp-spacer\">&nbsp;<\/div>\n    <div class=\"mepr-login-actions\">\n        <a\n          href=\"https:\/\/tietopankki.crnet.fi\/fi\/login-2\/?action=forgot_password\"\n          title=\"Click here to reset your password\"\n        >\n          Forgot Password        <\/a>\n    <\/div>\n\n      \n    <!-- mp-login-form-end --> \n  <\/div>\n      <\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<div class=\"smart_content_wrapper\">\n<p>President Donald Trump plans to impose tariffs on Canada and Mexico starting on Tuesday, in addition to doubling the 10% universal tariff charged on imports from China. In a Truth Social post on Thursday, Trump said illicit drugs such as fentanyl are being smuggled into the United States at \u201cunacceptable levels&#8221; and that import taxes would force other countries to crack down on the trafficking.<\/p>\n<p>\u201cWe cannot allow this scourge to continue to harm the USA, and therefore, until it stops, or is seriously limited, the proposed TARIFFS scheduled to go into effect on MARCH FOURTH will, indeed, go into effect, as scheduled,\u201d the Republican president wrote. \u201cChina will likewise be charged an additional 10% Tariff on that date.\u201d<\/p>\n<p>The prospect of escalating tariffs has already thrown the global economy into turmoil, with consumers expressing fears about inflation worsening and the auto sector and other domestic manufacturers suffering if Trump raises import taxes. But Trump has also at times engaged in aggressive posturing only to give last-minute reprieves, previously agreeing to a 30-day suspension of the Canada and Mexico tariffs that were initially supposed to start in February.<\/p>\n<p>The threat of tariffs frightened the stock market with the S&amp;P 500 index falling 1.6% on Thursday. The S&amp;P 500 is now just 1.4% higher than it was after Trump won the election in November, giving up almost all of the gains that the president once cited as evidence of an economic revival.<\/p>\n<p>Asked Thursday about the fact that tariffs are largely paid for consumers and importing companies, Trump dismissed any concerns by saying: \u201cIt&#8217;s a myth.\u201d It&#8217;s possible for a stronger US dollar to offset some of the costs of tariffs, but Trump&#8217;s statement goes against most economic modeling given the breadth of his planned taxes.<\/p>\n<p>Trump intends to put 25% tariffs on imports from Mexico and Canada, with a lower 10% tax on Canadian energy products such as oil and electricity. The move, ostensibly about drug trafficking and immigration, led Mexico and Canada to respond by emphasising their existing efforts to address these issues. Canada created a fentanyl czar, and Mexico sent 10,000 members of its National Guard to its border with the United States.<\/p>\n<p>Mexican President Claudia Sheinbaum said on Thursday that she hoped to speak with Trump after the Cabinet-level meetings occurring in Washington this week. Mexico\u2019s Foreign Affairs Secretary Juan Ram\u00f3n de la Fuente was scheduled to meet with Secretary of State Marco Rubio on Thursday afternoon. Trump, \u201cas you know, has his way of communicating,\u201d Sheinbaum said. But she said that her government would stay \u201ccool-headed\u201d and optimistic about an agreement coming together to avoid the tariffs. \u201cI hope we are able to reach an agreement and on March 4 we can announce something else,\u201d she said.<\/p>\n<p><a rel=\"noopener\" href=\"https:\/\/www.euronews.com\/business\/2025\/02\/28\/donald-trump-plans-tariffs-on-mexico-and-canada-for-tuesday\">Read more&gt;&gt;<\/a><\/p>\n<p>Source: <a rel=\"noopener\" href=\"https:\/\/www.euronews.com\/business\/2025\/02\/28\/donald-trump-plans-tariffs-on-mexico-and-canada-for-tuesday\">Euronews Business<\/a><\/p>\n<\/div>\n<p>The post <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\/csr-news-en\/donald-trump-plans-tariffs-on-mexico-and-canada-for-tuesday-2\/\">Donald Trump plans tariffs on Mexico and Canada for Tuesday<\/a> appeared first on <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\">Vastuullisuusuutiset.fi<\/a>.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22],"tags":[1544,555,1196,574],"class_list":["post-137953","post","type-post","status-publish","format-standard","hentry","category-news","tag-canada","tag-csr-news-en","tag-mexico","tag-us"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/posts\/137953","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/comments?post=137953"}],"version-history":[{"count":0,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/posts\/137953\/revisions"}],"wp:attachment":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/media?parent=137953"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/categories?post=137953"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/tags?post=137953"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}