financetom
Business
financetom
/
Business
/
Trump says US could soon put 25% tariffs on goods from Mexico, Canada
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Trump says US could soon put 25% tariffs on goods from Mexico, Canada
Jan 30, 2025 1:11 PM

WASHINGTON (Reuters) -U.S. President Donald Trump on Thursday said he would likely decide by the end of the day whether to put a 25% tariff on imports of Mexican and Canadian oil that would take effect on Feb 1.

"We may or may not. We're going to make that determination probably tonight," Trump told reporters at the White House.

Trump has repeatedly warned Mexico and Canada - two of the United States' top trading partners - he will impose tariffs if the two countries do not end shipments of fenatanyl and the flow of migrants across U.S. borders.

The office of Canadian Prime Minister Justin Trudeau was not immediately available for comment. Mexico's economy ministry did not immediately respond to a request for comment.

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 >
ADS-TEC Energy to Deploy EV Charging Systems at Muller Stores in Germany
ADS-TEC Energy to Deploy EV Charging Systems at Muller Stores in Germany
Jul 10, 2025
09:10 AM EDT, 07/10/2025 (MT Newswires) -- ADS-TEC Energy ( ADSE ) said Thursday it is deploying its electric vehicle charging systems across Germany at Muller stores. The project is being implemented with Mannheim-based energy firm MVV, which will be responsible for financing, construction, and operation of the charging infrastructure, as well as the associated customer service, ADS-TEC said. Muller...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Troilus Gold Agrees to Commercial Offtake Terms With Boliden for Copper-Gold Concentrate
Troilus Gold Agrees to Commercial Offtake Terms With Boliden for Copper-Gold Concentrate
Jul 10, 2025
09:10 AM EDT, 07/10/2025 (MT Newswires) -- Troilus Gold ( CHXMF ) on Thursday said it agreed to indicative commercial offtake terms with Boliden Commercial AB, a global base and precious metals company, for the sale of copper-gold concentrate expected to be produced from its Troilus project in north-central Quebec. Troilus expects the final binding offtake agreements with both Boliden...
Delta Air Lines Second-Quarter Results Top Street Views; Restores Full-Year Earnings Outlook
Delta Air Lines Second-Quarter Results Top Street Views; Restores Full-Year Earnings Outlook
Jul 10, 2025
09:11 AM EDT, 07/10/2025 (MT Newswires) -- Delta Air Lines ( DAL ) reported better-than-expected second-quarter results on Thursday as demand trends stabilized, while the air carrier restored its earnings guidance for the full year and offered an upbeat bottom-line outlook at the midpoint for the ongoing three-month period. The company now anticipates adjusted earnings to be in a range...
Copyright 2023-2026 - www.financetom.com All Rights Reserved