Road Scholar | Transport Blog's

Current administration recently announced tariffs of up to 25% on goods from Mexico and Canada, alongside a 10% tariff on Chinese imports.   The news rattled global stock markets on Monday morning, sending shockwaves through investors and supply chain professionals alike.   However, a rapid series of negotiations led to a 30-day pause on the North American tariffs, averting an imminent trade war that could have had far-reaching economic consequences. Averting a North American Trade War On February 3, leaders from the United States, Mexico, and Canada reached a crucial agreement to delay the imposition of tariffs on North American goods for 30 days.   This agreement was driven by concerns over border security and drug trafficking—issues that have long been a point of contention in U.S. trade policy.   Current administration celebrated the deal on social media, stating that the tariff threats would be paused for 30 days to allow time to structure a final economic...