On February 1, Donald Trump imposed a 25% tariff on imports from Mexico (see: https://www.whitehouse.gov/fact-sheets/2025/02/fact-sheet-president-donald-j-trump-imposes-tariffs-on-imports-from-canada-mexico-and-china/) This market will resolve to “Yes” if Donald Trump signs any federal legislation or performs any executive action which removes the 25% general tariff on Mexico by April 30, 2025, 11:59 PM ET. Otherwise this market will resolve to “No”. Actions which remove the general 25% tariff will qualify even if there are item specific exceptions for which the tariff still applies. However, lowering the general tariff below 25% without removing it will not qualify. Any action which is officially enacted within the market's time frame will qualify, regardless of when the removal goes into effect. This market's primary resolution source will be official information from the Trump administration, however a consensus of credible information will also be used.
Be careful trading this market, the one with China tariffs resolved yes for no reason
If there is one thing we have learned today, it is that trump does not give a single fuck
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no
Purchase NO, time lost, this is free money
No
"Duties imposed to address the flow of illicit drugs across our borders are now: 25% tariffs on goods that do not satisfy [link removed] Agreement (USMCA) rules of origin."
-White House fact sheet. The general tariff is still applied but usmca goods are exempt. Not enough to resolve this market Yes.
Yea lol I’ve done a lot of flip flopping myself.
Of course, he might decide at some later point to scrap the tariff altogether, but todays events obviously don't qualify as a 'yes' on this market.
it "excludes USMCA compliant goods from the existing tariff [the general tariff of 25% which is STILL currently in place]" [link removed]
The question is whether there is a general tariff in place for which specific exemptions have been made (even if those exemptions cover 99% of the content of the general tariff), or if a general tariff has been removed and replaced with specific levies of 25% on specific goods. That was not the order he just signed so as of right now, this is still 'no'
Sheinbaum, in a post on X, thanked US President Donald Trump for a “respectful” discussion about the tariffs he imposed. Sheinbaum said that “virtually all” of Mexico’s trade with the United States is included in the US-Mexico-Canada Agreement.
Si, pero no hace falta que los aranceles se eliminan por completo para que este mercado resuelva "si", tan solo con que se eliminan los aranceles en general o se suspenden ya basta para resolver "si".
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He removed the 25% tariff on specific products, not the general tariff. This does not count
you got it the wrong way around bro
Actions which remove the general 25% tariff will qualify even if there are item specific exceptions for which the tariff still applies. However, lowering the general tariff below 25% without removing it will not qualify.
Actions which remove the general 25% tariff will qualify even if there are item specific exceptions for which the tariff still applies '
statements attributed to U.S. Commerce Secretary Howard Lutnick suggest that 70-80% of Mexican exports to the U.S. might be USMCA-compliant and thus potentially exempt
explain
any suspension (regardless of whether it is temporary) after a tariff has gone into effect, will qualify as a removal. Is it not suspended until april 2nd?
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ty
was just looking at grok, Donald Trump's recent imposition of tariffs on Mexico and Canada, announced in early March 2025, directly intersects with the United States-Mexico-Canada Agreement (USMCA), a trade pact he negotiated and signed into law during his first term in 2020 to replace the North American Free Trade Agreement (NAFTA). The USMCA establishes a framework for tariff-free trade among the three countries, provided goods meet specific rules of origin and content requirements, aiming to bolster North American economic integration. Here's how the new tariffs relate to the USMCA: Initially, Trump imposed sweeping 25% tariffs on all goods imported from Mexico and Canada starting March 4, 2025, citing issues like drug trafficking (particularly fentanyl) and illegal migration across the U.S. borders as justification. This move appeared to contradict the USMCA's core principle of tariff-free trade, effectively undermining a deal Trump had previously championed as a cornerstone of his economic policy. The tariffs threatened to disrupt the roughly $1 trillion in annual trade between the U.S. and its two largest trading partners, raising concerns about higher consumer prices in the U.S. and potential recessions in Mexico and Canada.
By March 6, after speaking with Mexican President Claudia Sheinbaum, Trump extended this reprieve, announcing that Mexico would not face tariffs on USMCA-compliant goods until April 2, 2025. Commerce Secretary Howard Lutnick also hinted that a similar exemption might apply to Canada, though Trump’s public statements have not yet confirmed this, leaving Canada’s status less clear.
President Trump said he would pause MOST tariffs on exports from Mexico until April 2. 25% still in place
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Someone should propose a resolution already
Suspending tariffs after they have been imposed is considered a yes. Read the context box, last item.
An indefinite delay/suspension of a tariff's implementation before it has gone into effect, or any suspension (regardless of whether it is temporary) after a tariff has gone into effect, will qualify as a removal.
does suspension until april 2nd qualify for mexico based on trumps truths soical post, provided it becomes an executive action?
This is not longer a general tariff, shouldn’t it solve to yes?
Read the rules bro, removing certain products from the tariff won’t resolve it Y. Unless the general tariff is removed.