The United States will suspend the introduction of the earlier announced trade tariffs in regard to Canada for 30 days, Canadian Prime Minister Justin Trudeau said in a statement on his X social network account on Tuesday.
"I just had a good call with President [Donald] Trump," the Canadian premier wrote on his X account. "Proposed tariffs will be paused for at least 30 days while we work together."
The Canadian premier also said that as part of Canada’s commitments it is: "Implementing our $1.3 billion border plan - reinforcing the border with new choppers, technology and personnel, enhanced coordination with our American partners" adding that "nearly 10,000 frontline personnel are and will be working on protecting" the border between the United States and Canada.
Shortly after the Canadian PM Trudeau’s statement, US President Donald Trump announced on his Truth Social platform that: "Canada has agreed to ensure we have a secure Northern Border…"
"I am very pleased with this initial outcome, and the Tariffs announced on Saturday will be paused for a 30 day period to see whether or not a final Economic deal with Canada can be structured," the US president added.
On February 1, Trump signed an executive order introducing customs duties on goods from Canada, China, and Mexico. According to the document, duties of 25% are imposed on imports from Mexico and Canada (10% on Canadian energy resources).
Additional duties of 10% are imposed on goods from China. Canada, China, and Mexico account for a third of all goods and services imported by the United States. In 2023, the combined export volume of these three countries to the United States amounted to almost $1.5 trillion. Canadian authorities imposed retaliatory duties of 25% on American goods worth a total of 155 billion Canadian dollars ($106.5 billion).
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