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The Independent UK
The Independent UK
World
Paul Wiseman

Businesses scramble to contain fallout from Trump's tariffs on Canada, China and Mexico

Trump Tariffs - (Copyright 2025 The Associated Press. All rights reserved)

A Minnesota farmer worries about the price of fertilizer. A San Diego entrepreneur deals with an unexpected cost increase of remodeling a restaurant. A Midwestern sheet metal fabricator bemoans the prospect of higher aluminum prices.

Businesses knew that Trump’s import taxes -- tariffs -- on America’s biggest trading partners were scheduled to take effect Tuesday. But many of them assumed they’d get a reprieve. After all, the unpredictable president had delayed the tariffs on Canada and Mexico for 30 days right before they were originally supposed to kick in on Feb. 4.

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