Washington, Mar 6 (AP): President Donald Trump said Thursday that he has postponed 25 per cent tariffs on most goods from Mexico for a month after a conversation with that country's president.
Trump's announcement comes after his Commerce Secretary, Howard Lutnick, said tariffs on both Canada and Mexico would “likely" be delayed.
This is the second one-month postponement Trump has announced since first unveiling the import taxes in early February. The reprieve would apply to goods that are compliant with the trade agreement Trump negotiated with Canada and Mexico in his first term.
“We are working hard, together, on the Border, both in terms of stopping Illegal Aliens from entering the United States and, likewise, stopping Fentanyl,” Trump said on Truth Social.
Trump's on-again, off-again tariffs threats have roiled financial markets, lowered consumer confidence, and enveloped many businesses in an uncertain atmosphere that could delay hiring and investment.
Lutnick emphasised that reciprocal tariffs, in which the United States applies import taxes on countries that tariff US exports, will still be implemented April 2.
US markets bounced of their lows for the day shortly after Lutnick spoke.
Also Thursday, Canadian Prime Minister Justin Trudeau indicated that he expects his country will be in a trade war with the United States for the foreseeable future.
Trudeau said the broader month-long pause “aligns with some of the conversations that we have been having with administration officials.”
The Canadian leader said the move by the Trump administration was a “promising sign,” but it also “means that the tariffs remain in place and therefore our response will remain in place.”
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
Hampi (PTI): Union Finance Minister Nirmala Sitharaman on Saturday launched Cyient AI Labs (CyAILS) -- 'VijAIpatha', aimed at democratising access to Artificial Intelligence, STEM and Robotics education in government schools here.
In a series of posts on 'X', the minister's office shared pictures of the initiative launched at a girl's government school in Hosapete taluk and said that under the pilot phase, five world-class AI, STEM (Science, Technology, Engineering, and Mathematics) and Robotics laboratories are being established in government schools.
Each lab will be equipped with high-performance computers, AI-ready software, robotics kits, IoT devices, sensors and secure broadband connectivity.
ALSO READ: B'desh to hold funeral of slain youth leader amid tight security
"Aligned with NEP 2020, Digital India and Hon'ble Prime Minister @narendramodi's mission of Viksit Bharat 2047, the programme integrates CBSE's AI curriculum and strengthens technology-enabled learning in public education," it said.
Focusing on rural and semi-urban India, the initiative introduces future technologies at the school level, helping build early digital fluency, computational thinking and innovation capacity among students, the minister's office said.
"Benefiting over 2,000 students and training more than 200 teachers, 'VijAIpatha' is a scalable CSR model fostering innovation, career readiness and grassroots digital empowerment," it added.
According to the office, the initiative has been designed as a scalable, replicable and sustainable model that can be adopted across districts and states in collaboration with government education departments, positioning it as a benchmark CSR model for a national AI education rollout.
