Trump tariff deadline looms over Canada, Mexico, China trade

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Bangkok Post 14h ago

Trump tariff deadline looms over Canada, Mexico, China trade - Bangkok Post

Quick Summary:

PALM BEACH (UNITED STATES) - President Donald Trump is due to unleash fresh tariffs Saturday on major US trading partners Canada, Mexico and China, threatening upheaval across supply chains from energy to autos.

Canadian producers would bear some impact of tariffs, but US refiners would also be hit with higher costs, said Tom Kloza of the Oil Price Information Service.

The research group added that automakers and suppliers also produce components throughout the region, meaning tariffs will likely increase costs for vehicles.