President Donald Trump’s sudden change to tariff policy on Wednesday won’t affect the rates that currently apply Canadian and Mexican products, according to a White House official.Canada and Mexico were left off the list of countries affected by Trump’s global 10% baseline tariff during his announcement of reciprocal tariffs on April 2.

The U.S. tariffs on goods imported from Mexico and Canada will not be affected by the 90-day pause on tariffs announced by President Donald Trump on Wednesday, a White House official said. The United States' 25% tariff on goods it imports from Mexico and Canada that are not covered under the region's USMCA trade pact remains in effect,

Donald Trump's latest round of tariffs had two notable omissions: Mexico and Canada. But the two nations are still subject to preexisting tariffs.

In a sudden about-face on Wednesday, Donald Trump announced a 90-day pause of many of his hefty “Liberation Day” tariffs on America’s trading partners, following days of tumult on Wall Street and growing expectations that Trump’s trade war would trigger economic catastrophe.

A week of turmoil unleashed by U.S. President Donald Trump's tariffs showed little sign of easing on Friday, with markets again tumbling and foreign leaders trying to work out how to respond to a dismantling of the world trade order.

Even after Trump’s reversal, with China being taxed at such a high rate, a number of goods may well rise in price.

In a stunning reversal, U.S. President Donald Trump said he would temporarily lower the hefty duties he had just imposed on dozens of countries while further ramping up pressure on China, sending global stocks rocketing higher.

The tariff fight between the world’s two largest economies escalated as Trump tried to narrow his global trade war into a direct face off with Beijing.

President Donald Trump's tariffs on dozens of countries took effect on Wednesday, including huge 104% duties on Chinese goods. Trump nearly doubled duties on Chinese imports, which had been set at 54% last week,

U.S. President Donald Trump's about-face on sweeping import tariffs did little to soothe companies' worries about the fallout from his trade war and its chaotic implementation: soaring costs, falling orders and snarled supply chains.

The lower revenues, a result in part of President Trump’s trade war, could prove more damaging to the Russian economy than the penalties the United States and its allies have already imposed.

As President Donald Trump tries to turn his global trade war into a one-on-one showdown with China, he is finding that he has alienated some key U.S. partners who could boost