President Donald Trump's shifting stance on tariffs has been stoking anxiety in the market and raising concerns that policy uncertainty could tip the U.S. economy into a recession. To help keep track of it all,

Canada and Mexico A 25% import tariff on goods from Mexico and Canada took effect March 4, with an exception for energy products and potash, which received a 10% tariff. The next day, the Trump administration suspended those tariffs until April 2 for autos eligible for duty-free trade under the U.

With Trump threatening to impose big taxes (tariffs) on imports from all our major trading partners, many people are desperate to find some grand scheme that would justify this seeming absurdity. Just to be clear,