Trump’s Canadian tariffs include lumber. He is pushing to cut down American trees instead
- President Donald Trump announced a temporary rollback of tariffs on imports from Mexico and Canada, allowing compliance with the USMCA to be exempt until April 2, 2025, providing reprieve to businesses.
- The tariffs will continue to impact approximately 62% of Canadian imports, with the exemption applying to goods that meet USMCA standards, covering about half of imports from Mexico and 37% from Canada.
- Trump stated that the rollback was not linked to financial market concerns and emphasized that the tariffs are intended to address trade imbalances and illegal immigration issues.
- Canadian Prime Minister Justin Trudeau expressed that the ongoing trade war with the U.S. Will continue, criticizing Trump's tariffs and stating his aim to remove all tariffs.
101 Articles
101 Articles
‘Pressure stays on:’ Feds keep counter-measures but delay second round of retaliation against Trump tariffs
The federal government is pushing back its second and larger round of retaliatory measures against U.S. President Donald Trump’s tariffs — but just by one week — in response to his latest move to delay levies on most Canadian and Mexican goods by one month.
Canada to hold off most tariffs on US after Trump pauses levies
Ottawa, Canada – Canada will hold off imposing counter-tariffs on $125 billion in US goods, Finance Minister Dominic LeBlanc said Thursday, after US President Donald Trump agreed to suspend levies on Canadian exports covered by a North American trade agreement. “Canada will not proceed with the second wave of tariffs on $125B of US products until April 2nd, while we continue to work for the removal of all tariffs,” LeBlanc, who is leading Canada…

Trump backs off Mexico, Canada tariffs after market blowback
US President Donald Trump on Thursday delayed some tariffs targeting Canada and Mexico -- leading Ottawa to halt an upcoming wave of countermeasures -- in moves that bring reprieve to companies and consumers after blowback on financial markets.
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