Canada halts second counter-tariffs on $125 billion worth of US goods after Trump's pause
Friday, 7 March 2025
Canada delays retaliatory tariffs on $125B of American goods to April 2, Canadian finance minister announced after US President Donald Trump decided to suspend tariffs on Canadian and Mexican imports under CUSMA. Despite the halt, 62% of Canadian exports, primarily energy-related, and half of Mexican imports still face reduced tariffs.
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