On Mar. 6, United States President Donald Trump once again delayed the 25 per cent tariffs on certain Mexican and Canadian goods until Apr. 2, 2025.
On Feb. 1, 2025, Trump signed the order to impose tariffs on goods from Canada and Mexico, claiming that this would prevent “illegal migration” and opioid smuggling across the borders of the U.S.
The tariffs were originally supposed to begin Mar. 4. On Mar. 3, Canadian Prime Minister Justin Trudeau made an official statement about the retaliatory tariffs.
“Canada will, effective 12:01 a.m. EST tomorrow, respond with 25 per cent tariffs against $155 billion of American goods – starting with tariffs on $30 billion worth of goods immediately, and tariffs on the remaining $125 billion on American products in 21 days’ time.”
However, a statement by Dominic LeBlanc, Canada’s minister of finance and intergovernmental affairs, now shows that circumstances have changed.
“The United States has agreed to suspend tariffs on CUSMA-compliant exports from Canada until April 2. As a result, Canada will not proceed with the second wave of tariffs on $125 Billion of U.S. products until April 2, while we continue to work for the removal of all tariffs.”
Hello, I’m Gauri Sethi, a passionate staff writer at the Cascade responsible for writing content that resonates with the masses. Currently, I am pursuing business administration, but deep down, I am a person who loves expressing herself through writing.
