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And here we go again…

#Trump AGAIN manipulates the #market thus time by pausing the #Mexico #tariffs for a month.

Also he continues to conduct #ForeignPolicy affairs on social media.

For crying out loud, like a drunk toddler & for seemingly no reason at all, #Trump has now reversed his #tariffs on #Canada.
Trump said Thurs that he would allow BOTH #Mexico & Canada to avoid tariffs on most exports to the #US for 1 month, specifically products subject to the #USMCA, the #trade pact he signed in his first term.
The move came less than a day after he granted a 30-day reprieve to #automakers, & hours after announcing a pause on Mexico’s tariffs.
#economy #instability #geopolitics

Now he has rolled #Canada into the #Mexico pause without any explanation as to why. He paused the Mexico #tariffs after speaking to Mexico President #ClaudiaSheinbaum. Utter #chaos.

#Trump has played an inexplicable game of brinkmanship w/the North American #economy this week, as he levied stiff tariffs on Canada & Mexico, then suddenly rolling some back.

#Trump’s maneuverings have sent #stock #markets tumbling & sowed anxiety & confusion among industries that depend on trade w/ #Canada & #Mexico, which account for >¼ of #US imports & nearly ⅓ of US exports.

Trump signed #ExecutiveOrders authorizing the pause on the tariffs.

Clarification:

#Canada’s initial retaliatory #tariffs against the US will remain in place for now despite #Trump postponing 25% tariffs on many imports from Canada for a month, a snr Canadian govt ofcl said.

Trump said Thurs that he has postponed 25% tariffs on many goods from Canada & #Mexico for a month, amid widespread fears of a broader #TradeWar.

A snr Canadian govt ofcl confirmed Canada’s response tariffs will remain for now.…

#Canada’s initial $30B Canadian (US$21B) worth of retaliatory #tariffs have been applied on items like American orange juice, peanut butter, coffee, appliances, footwear, cosmetics, motorcycles & certain pulp & paper products.

#Ontario Premier #DougFord, …also said that, starting on Monday, the province will charge 25% more for #electricity shipped to 1.5M Americans in response to #Trump’s tariffs. Ontario provides electricity to #Minnesota, #NY & #Michigan.

The White House has released #Trump’s executive order on #Canada & #Mexico & the language makes clear that he is suspending the #tariffs — not pausing them. The order effectively abandons tariffs on goods that are covered by the #USMCA trade pact Trump signed into #law in his first term.

#economy #chaos #idiocracy #USpol #ForeignPolicy #geopolicy
https://www.whitehouse.gov/presidential-actions/2025/03/amendment-to-duties-to-address-the-flow-of-illicit-drugs-across-our-southern-border/

@Nonilex

Was it bluster or stupidity? Also, it might be important to note that the MAGA faithful probably loved his awesome show of king-like strength. And they are not going to pay attention to any further developments and will remain awestruck.

@Nonilex

Agreed! And it might be good to add “profound ignorance” to the mix…