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Trump sows confusion over Canada, Mexico, floats 25% duty on EU goods

Business Standard LogoBusiness Standard6h ago

Trump sows confusion over Canada, Mexico, floats 25% duty on EU goods - Business Standard

Quick Summary:

Lutnick told the cabinet meeting that the fentanyl-related actions were paused for 30 days but referred to "overall" tariffs on April 2.

He did not specify whether the March 4 deadline remained in effect."So the big transaction is April 2, but the fentanyl-related things, we're working hard on the border," Lutnick said."At the end of that 30 days, they have to prove to the president that they've satisfied him in that regard.

A European Commission spokesperson said the EU "will react firmly and immediately against unjustified barriers to free and fair trade," including for tariffs that challenge legal and non-discriminatory policies."The European Union is the world's largest free market.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-27 @ 13:19:18 (6 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 918 words

Reading Time: 6 minutes read

Sentences: 26 lines

Sentence Length: 36 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 26472354

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 214 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #49

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