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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.
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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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Georgia Public Broadcasting broke the news in Georgia, United States on Thursday, March 6, 2025.
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