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The Latest Breaking News from USMCA

Can-Am, Ski-Doo Parent Says Tariffs Aren't an Issue For Them, Actually

It's a strange time to be in the world, let alone in the powersports industry. And yet, plenty of people are. I've been asking folks from across the industry for their thoughts about the current, ever-evolving situation, as well as what their respective companies plan to do about it.

RideApart

Nvidia may avoid recent tariffs on its AI servers — 60% of Nvidia servers pass through Mexico, may be exempt from Trump tariff flurry

High-profile asset management firm Bernstein has published findings showing that around 60% of Nvidia's AI datacenters will completely avoid the recent wave of tariffs levelled by the U.S.

Tom’s Hardware

Mexico President Welcomes Being Left Off Trump's Tariffs List

President Claudia Sheinbaum of Mexico, the United States' top trading partner, on Thursday welcomed her country's exclusion from the list of nations targeted in Donald Trump's latest round of import tariffs.

International Business Times

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Trump Tariffs After Supreme Court Ruling: What’s Still in Effect and Who Could Get Tariff Refunds

As the administration pivots to a new global surcharge under Section 122, the Supreme Court’s ruling has opened the door for over $100 billion in potential refunds. Here's what's happening.

Kiplinger

Trump’s Tariffs End GM’s Joyride: Is General Motors Stock a Buy or Sell Ahead of ‘Liberation Day’?

GM had a good run in the last couple of years posting healthy profits and cash flows. However, Trump's auto tariffs have complicated the picture for the Detroit giant.

Barchart

Trump Auto Tariffs Strike At Heart Of North American Trade

US President Donald Trump's tariffs on imported cars strike at the heart of a North American free trade agreement, threatening to disrupt supply chains and raise prices, experts say.

International Business Times

Commerce Secretary Lutnick reportedly told friends in private he's 'not thrilled' with Trump's whipsaw approach to tariffs

Howard Lutnick is reportedly worried Trump’s rhetoric could make it harder to strike a trade deal with Canada and Mexico.

Fortune

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Trump’s tariffs threaten Indigenous businesses in Canada — the government must take action

It’s a tough time for Canadians to start a new business. A looming recession, intensifying trade war with the United States and geopolitical uncertainty are making the economic landscape difficult for many business owners.

The Conversation

Trump whines about who signed deal to allow Canada to supply energy to the US – it was him

The decision to maintain the free flow of energy across the borders was part of the United States-Mexico-Canada Agreement negotiated by Trump

The Independent UK

At Mass Rally, Mexico President Says Confident Trump Tariffs Resolved

Mexican President Claudia Sheinbaum told cheering crowds Sunday that she is confident that her country has headed off the threat of US tariffs for now.

International Business Times

Trump pauses some Mexico, Canada tariffs: What’s exempt, and what’s next?

About half of Mexico’s exports to the US, and a little more than a third of Canada’s, will be exempt for a month.

Al Jazeera

Trump Car Tariff Pivot And Detroit's 'Big Three'

After an outcry from Detroit, President Donald Trump has granted one-month tariff exemptions on most auto imports from Canada and Mexico, underscoring the continued clout of US carmakers.

International Business Times

Why automakers' short reprieve from tariffs isn't enough to weather Trump's escalating trade war

President Donald Trump granted U.S. automakers a short reprieve from stiff new tariffs on imports from Mexico and Canada this week

The Independent UK

Trump delays tariffs on many products from Mexico and Canada

US president paused tariffs on Mexican products covered by USMCA and later stayed tariffs on many Canadian imports

The Guardian - US

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International Business Times

Stock Markets Rebound As Trump Pauses Tariffs On Automobile Industry

Wall Street bounced back Wednesday from consecutive bad days on news that President Donald Trump is pausing the potentially devastating automobile tariffs against Canada and Mexico.

Reason

Trump Loves Tariffs. Fentanyl Is Just an Excuse.

If tariffs are a poor method of collecting revenue or strengthening trade, they're even less effective at stopping the flow of illegal drugs.

Al Jazeera

Trump’s tariffs could spur push to rewrite North America trade pact

The Trump administration is trying to rewrite numerous trade rules to extract concessions from allies and adversaries.

International Business Times

Trump's Canada, Mexico Tariff Threat Aimed At Gaining Leverage In Trade Talks: Experts

President Donald Trump's threats to impose punishing tariffs on Canada and Mexico may be part of a strategy to gain leverage ahead of new negotiations on a regional trade agreement, experts said.

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Reason

How Trump Could Unilaterally Place Tariffs on Mexico and Canada

They are allied countries with which the U.S. has a trade deal (a deal negotiated by Trump, no less), but presidential emergency powers are nearly limitless.

International Business Times

What Would Trump Tariffs Mean For Key Trade Partner Mexico?

US President Donald Trump has threatened to slap a 25-percent tariff on Mexican goods on February 1, a move that analysts say would deal a heavy blow to Latin America's second-largest economy.

Roll Call

Countries criticize Trump tariff plans, which could flout trade pacts - Roll Call

Trump’s tariff plans were criticized by Mexico, Canada and China and raised questions about potential trade pact violations.

The Guardian - AU

Trump’s incoming ‘border czar’ promises secure southern US border – as it happened

This live coverage has ended. you can find our US politics stories here.

Fortune

Forget China, Mexico’s trump card is BMW’s secret weapon for electric cars

“BMW will be the first premium automaker to produce EVs and batteries in Mexico.”

International Business Times

Trump Vows Big Tariffs On Mexico, Canada And China

US President-elect Donald Trump said Monday he intends to impose sweeping tariffs on goods from Mexico, Canada and China in response to illegal drug trade and immigration.

Reason

Trump Floats Tax Break for Carmakers Hurt by His Own Trade Deal

After proposing a deduction for interest paid on car loans, the former president suggested it would apply only to vehicles made in America.

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