US tariff deadline for Canada, Mexico lapses without deal

Steep US tariffs on Canadian and Mexican goods came into effect Tuesday as a deadline to avert President Donald Trump’s levies passed without the North American neighbors striking a deal.

Canadian goods will face a 25 percent tariff — with energy resources hit by a lower 10 percent rate — while Mexican products face a 25 percent blanket levy, according to orders Trump previously signed. He cited a lack of progress in tackling drug trafficking as he pushed ahead with the duties.

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kerala budget

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Read More »

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