Administration officials met Tuesday to discuss the matter with the heads of Ford Motor Co., General Motors Co. and Stellantis NV, according to some of the people, who weren’t authorized to discuss details publicly. Another meeting on possible tariff relief is set for Wednesday at the White House, people familiar said.
Trump announced a 30-day delay on tariffs for Canada and Mexico after securing commitments on border security. Mexico agreed to deploy 10,000 soldiers to curb fentanyl smuggling, while Canada pledged $1.3 billion for border security, including appointing a "fentanyl czar." Markets initially plunged but rebounded after the tariff pause. Meanwhile, a 10% tariff on Chinese imports remains, with Trump warning of increases if fentanyl exports persist. China dismissed US concerns and plans to challenge the tariffs at the WTO. Despite the postponement, Trump signalled further tariff actions may follow, keeping trade tensions high. High-level negotiations continue.
While gems and jewellery was India’s top exports to the United States in 2023, its share in US imports, at 13.6 percent, was lower than that of Canada and Mexico combined, at 21 percent.
Suven Life Sciences today has granted an exclusive license and right to distribute and market its Malathion Lotion in USA, Canada and Mexico to Taro Pharmaceuticals North America, a subsidiary of Taro Pharmaceutical Industries.