financetom
Business
financetom
/
Business
/
Market Chatter: White House Says Tariffs Moving Forward But There's Still Room For Negotiation
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: White House Says Tariffs Moving Forward But There's Still Room For Negotiation
Feb 26, 2025 8:40 AM

11:29 AM EST, 02/26/2025 (MT Newswires) -- U.S. President Donald Trump's plan to hit Canada and Mexico with devastating duties is set to take effect next week -- but a White House official confirmed on background that the tariff plans could change through negotiations, The Canadian Press is reporting Wednesday.

The report noted Trump's executive order to implement 25% tariffs on all Canadian imports, with a lower 10% levy on energy, was delayed until March 4 after Canada agreed to introduce new security measures at the border. The president said the pause would allow time to reach a "final economic deal."

Trump said Monday that the levies would be going forward on schedule -- but his comments also cited other executive orders in his growing tariff agenda.

Wednesday's report noted Canadian officials and premiers have been working through Washington in recent weeks in an attempt to find out what it would take to get Trump to abandon his tariff plans.

But, the report also noted, it remains unclear what Trump wants as the president continues to complain about trade and call for Canada to become a U.S. state.

(Market Chatter news is derived from conversations with market professionals globally, and/or from other media sources. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Nextpower Insider Sold Shares Worth $4,357,846, According to a Recent SEC Filing
Nextpower Insider Sold Shares Worth $4,357,846, According to a Recent SEC Filing
Nov 19, 2025
03:18 AM EST, 11/19/2025 (MT Newswires) -- Daniel S Shugar, Director, Chief Executive Officer, on November 17, 2025, sold 47,743 shares in Nextpower ( NXT ) for $4,357,846. Following the Form 4 filing with the SEC, Shugar has control over a total of 863,791 common shares of the company, with 624,882 shares held directly and 238,909 controlled indirectly. SEC Filing:...
Israeli value retailer Max Stock posts bigger Q3 profit, names new CFO
Israeli value retailer Max Stock posts bigger Q3 profit, names new CFO
Nov 19, 2025
Overview * Max Stock Q3 revenue grows 7% to ILS 399.1 mln, driven by same-store sales increase * Adjusted EPS for Q3 rises 30.3% to ILS 0.29 * Company appoints Paz Oz as CFO, effective December 1, 2025 Outlook * Company expects strong finish to 2025 with continued market share gains Result Drivers * COMPARABLE STORE SALES - Revenue growth...
Vistra Insider Sold Shares Worth $9,456,160, According to a Recent SEC Filing
Vistra Insider Sold Shares Worth $9,456,160, According to a Recent SEC Filing
Nov 19, 2025
03:17 AM EST, 11/19/2025 (MT Newswires) -- Scott A Hudson, Executive Vice President & President Vistra Retail, on November 14, 2025, sold 56,000 shares in Vistra (VST) for $9,456,160. Following the Form 4 filing with the SEC, Hudson has control over a total of 306,600 common shares of the company, with 306,600 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1692819/000172855325000003/xslF345X05/wk-form4_1763517157.xml ...
West scrambles to fill heavy rare earth gap as China rivalry deepens
West scrambles to fill heavy rare earth gap as China rivalry deepens
Nov 19, 2025
LONDON (Reuters) -The West's push to build a home-grown magnets supply chain to reduce its reliance on China - led by massive U.S. backing for Nevada-based MP Materials - is running into a critical problem: the scarcity of so-called heavy rare earth elements. The United States and allies have been scrambling to create an alternative supply chain to make super-strong...
Copyright 2023-2026 - www.financetom.com All Rights Reserved