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Asia markets set to open lower after U.S. pauses tariffs on some goods; China trade data in focus

  • The U.S. Paused tariffs on some goods under the Canada-U.S.-Mexico Agreement until April 2, prompting Canada to suspend retaliatory tariffs as well.
  • Stock markets in Canada and the U.S. Fell as uncertainty about tariffs continued, with the S&P/TSX composite index losing almost 300 points on Thursday and the Dow Jones down 278.18 points from earlier in the week.
  • Conservative Leader Pierre Poilievre criticized U.S. President Donald Trump, stating he should stop the chaos harming workers and consumers.
  • Public Safety Minister David McGuinty emphasized the government's commitment to strengthening border security and combating fentanyl.
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CNBC broke the news in United States on Friday, March 7, 2025.
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