Tariff Update: China Hits U.S. With New Taxes, Probes Google

Over the past 12 hours, significant shifts have occurred in international trade involving the United States, Canada, Mexico, and China. Here’s a quick rundown of the latest news.

United States, Canada, and Mexico Reach Temporary Agreement

President Donald Trump has agreed to postpone the imposition of a proposed 25% tariff on imports from Canada and Mexico for 30 days. This decision follows negotiations with Canadian Prime Minister Justin Trudeau and Mexican President Claudia Sheinbaum. As part of the agreement, Mexico will deploy 10,000 National Guard troops to its borders to combat drug trafficking and illegal immigration into the U.S. Similarly, Canada will increase its border security measures to prevent the flow of fentanyl into the United States. This pause aims to provide …