President Trump has announced that he is pausing the planned tariffs on Mexican and Canadian imports…. for now.
On Monday, Trump had a “very friendly” discussion with his Mexican counterpart, Claudia Sheinbaum Pardo and agreed to suspend the tariffs for a month.
Canada’s Prime Minister Trudeau also spoke to Trump over the course of the day. He said that Canada had committed more resources to border security and to fighting fentanyl trafficking, the ostensible reason for the proposed U.S. tariffs.
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The news came on Monday came two days after Trump announced 25% tariffs on goods from Mexico and Canada, citing concerns over illegal immigration and drug trafficking. Levies of 10% were also imposed on Chinese imports.
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gpb reports: Posting on his Truth Social Platform, Trump said the two leaders had a “very friendly conversation,” and reiterated the troop commitment to securing the border with the U.S. that Sheinbaum announced.
Canada’s Prime Minister Trudeau spoke to Trump twice over the course of the day. Trudeau wrote on X Monday afternoon that Canada had committed more resources to border security and to fighting fentanyl trafficking, the ostensible reason for the proposed U.S. tariffs.
Canada had promised retaliatory tariffs, with the possibility of an escalating trade war. These will also be paused 30 days.
President Trump confirmed the news in a post on his Truth Social site . When he was asked earlier in the day by reporters what Trudeau could do to change his mind, he said that he’d like to see Canada become the 51st state, which is overwhelmingly opposed by Canadians.
Over the weekend, Trump had said that a 25% import tax on goods from Mexico and Canada, alongside 10% tariffs on goods from China, would go into effect on Tuesday.
According to Karoline Leavitt, the White House spokesperson, Trump is also due to talk to Chinese President Xi Jinping in the next 24 hours.
Mexico has been warning that a tariff war between the two countries would have huge effects, not just for U.S. consumers but also for American companies manufacturing in Mexico.
