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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Moldova's parliament voted on Thursday to set the date for parliamentary elections, which will take place on September 28.
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Qatar’s Emir assured President Putin that Syria’s new leadership is committed to strengthening ties with Moscow, as the two leaders met in the Kremlin to discuss regional conflicts and diplomatic efforts in Syria, Gaza, and Ukraine.
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