U.S. President Donald Trump will postpone 25% tariffs on Canadian imports for at least 30 days, Canadian Prime Minister Justin Trudeau announced on Monday. The delay offers a temporary reprieve amid escalating trade tensions between Washington and Ottawa.
U.S. President Donald Trump has paused the planned 25% tariffs on Canadian imports for at least 30 days, Canadian Prime Minister Justin Trudeau confirmed in a post on platform X on Monday.
The delay comes after Trump threatened to impose tariffs as part of a broader effort to reshape U.S. trade relations. The tariffs, initially set to take effect on February 4, would have impacted key Canadian exports to the U.S..
Trudeau did not provide details on what led to the decision, and the White House has not issued a formal statement regarding the pause. However, the move provides temporary relief as trade tensions between Washington and Ottawa continue.
The tariff threat had already sparked warnings of economic disruption, with Canada preparing retaliatory measures against U.S. goods. It remains unclear whether the U.S. will proceed with the tariffs once the suspension expires or if further negotiations will take place.
For now, Canadian exporters and businesses have a temporary reprieve, but the uncertainty surrounding U.S.-Canada trade relations persists.
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U.S. President Donald Trump on Wednesday called for an immediate end to the escalating hostilities between India and Pakistan, saying he “hopes they can stop now” after a series of deadly cross‑border strikes.
The United States has quietly approved a Qatari initiative to finance salaries for Syrian public-sector workers, marking a significant shift in Western engagement with post-Assad Syria, according to three sources familiar with the matter.
U.S. President Donald Trump on Wednesday called for an immediate end to the escalating hostilities between India and Pakistan, saying he “hopes they can stop now” after a series of deadly cross‑border strikes.
The U.S. Federal Reserve kept its benchmark federal funds rate unchanged on Wednesday, maintaining the target range at 4.25% to 4.50%, in a widely expected move as the central bank navigates a complex economic environment marked by slowing inflation, global trade tensions, and political pressure.
U.S. President Donald Trump said Wednesday that an announcement related to the Gaza Strip is likely within the next 24 hours, signaling potential developments in the U.S. approach to the worsening humanitarian crisis in the besieged enclave.
A Rafale fighter jet operated by the Indian Air Force has reportedly been shot down for the first time in combat, according to sources cited by CNN, marking a significant and symbolic development in the ongoing escalation between India and Pakistan.
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