
The aviation community is working to assess how the newly imposed and evolving tariffs will affect businesses. On Saturday, the White House announced that it would impose a 25% additional tariff on imports from Canada and Mexico and 10% from China, following through on a campaign pledge President Donald Trump made leading up to the November elections. Canadian officials have stated they would equally impose a 25% tariff on U.S. imports. Officials from Mexico and China also have been exploring retaliatory measures.
However, while originally set to take effect at midnight on Tuesday morning, the White House today has indicated plans to push off implementation of the tariffs on goods from Mexico by a month after leaders from the southern nation reportedly promised to send 10,000 national guard members to beef up security at the border. In addition, a dialogue between the White House and Canadian Prime Minister Justin Trudeau is believed to continue today.