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Stock impact report

Canada, Mexico spared from worst of Trump’s latest tariff blitz [Globe and Mail, The (Toronto, Canada)]

Toronto Dominion Bank (The) (TD) 
Last toronto dominion bank (the) earnings: 2/27 06:30 am Check Earnings Report
A drone view shows trucks crossing into the United States via the Zaragoza-Ysleta border bridge in Ciudad Juarez, Mexico, on April 2. Jose Luis Gonzalez/Reuters While U.S. President Donald Trump took a sledgehammer to the global trading system on Wednesday, he offered a reprieve to Canada and Mexico, potentially putting his neighbours at a competitive advantage if they stay within the bounds of the continental trade agreement. In his most sweeping protectionist measures yet, Mr. Trump placed a 10-per-cent baseline tariff on imports into the U.S., with considerably higher tariffs on dozens of trading partners including the European Union, China and Japan. Canada and Mexico, however, will not face the baseline tariff or a higher country-specific duty. Both remain subject to the across-the-board tariffs imposed in early March, ostensibly to force Ottawa and Mexico City to address border security problems. However, goods that comply with the United States-Mexico-Canada Agreement (USMC Show less Read more
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