U.S. President Donald Trump said Thursday he will temporarily waive tariffs on products from Mexico that fall under the North American free trade agreement, two days after launching a continental trade war.
The announcement did not mention Canada, which is also facing sweeping tariffs on all goods entering the U.S., despite Trump’s commerce secretary saying earlier that both countries would “likely” see a reprieve. It came shortly after Trump levelled new attacks against Prime Minister Justin Trudeau following a heated exchange Wednesday.
“After speaking with President Claudia Sheinbaum of Mexico, I have agreed that Mexico will not be required to pay Tariffs on anything that falls under the USMCA Agreement,” Trump wrote on Truth Social following a scheduled call between the two leaders.
He and his circle already made millions on puts and invested the winnings back into a dipping market, now it’s time to ease off the gas to drive the value back up. Repeat every week or two.
This HAS to be the only reason.
Capitalism’s greatest enemy finally unmasked!
spoiler
CAPITALISM
Who would have thought?
The Trump Tariff Dump & Pump. How long can he keep this up before countries stop reacting?