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The Guardian - US
The Guardian - US
World
Guardian staff

Trump administration briefing: Trump changes tack on tariffs – again – as US plans to close consulates

United States President Donald Trump signs an executive order to pause tariffs on USMCA trade from Canada and Mexico until April 2
United States President Donald Trump signs an executive order to pause tariffs on USMCA trade from Canada and Mexico until April 2 Photograph: REX/Shutterstock

Donald Trump has performed another reversal on tariffs, delaying duties on many goods from Canada and Mexico again. Trump said the reversal has “nothing to do” with turbulence in the stock market in recent days, as investors weighed his economic plans. On Wall Street, the S&P 500 fell 1.8% on Thursday. “I’m not even looking at the market,” he claimed.

It was also a day where the focus fell on the power wielded by Elon Musk and the president’s plans for US consulates in Europe.

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