President Trump suspended tariffs imposed on goods from Canada and Mexico just days after their implementation, causing confusion among businesses reliant on trade under the USMCA agreement.

In a recent address, President Trump outlined his administration's early actions including tariffs, immigration policy, and critiqued the Biden administration, while provoking reactions from Canadian and Mexican leaders.

Mexican businessmen express disbelief at President Trump's decision to impose tariffs on their products. In response, Mexico has agreed to extradite cartel leaders to the U.S.

The article discusses President Trump's potential exclusion of certain sectors from the 25% tariffs imposed on Canada and Mexico, as stated by Commerce Secretary Howard Lutnick, particularly focusing on the automotive industry and compliance with the USMCA.

Stocks are set to recover as a Trump official suggests possible tariff exemptions. Commerce Secretary Howard Lutnick indicated a forthcoming trade deal with Mexico and Canada, good news for the stock market.