The agreement to suspend for a month the entry into force of the 25% tariffs on imports from the United States originating from Mexico and Canada will come to an end in two days. Uncertainty reigns over whether the tariffs will begin next Tuesday as President Donald Trump has reaffirmed.
In a series of statements, Trump has expressed his determination to impose the mentioned tariffs if the trafficking of fentanyl from Mexico does not decrease significantly. Despite acknowledging certain advances in border security cooperation, Trump insists that drugs continue to enter the United States and cause great harm.
The imposition of tariffs, scheduled for March 4, will also affect China, which will face an additional 10% tariff on that date. The situation becomes even more tense considering that Mexico and Canada separately agreed with the United States to postpone the entry into force of the tariffs by a month, a truce that is nearing its end.
In addition to the 25% tariffs scheduled for steel and aluminum imports, Trump has threatened to impose additional tariffs of 25% on imports of automobiles, semiconductors, and pharmaceuticals, all with the aim of protecting national interests of the United States and correcting what he considers an unfair global trading system.
In this context, uncertainty persists regarding the decisions the president will make in the coming days, with potentially significant consequences for trade relations between the involved countries.
