Market news
03.02.2025, 22:55

Canadian PM Trudeau: US tariffs on Canada to be delayed 30 days

Canadian Prime Minister Justin Trudeau announced late Monday that a tit-for-tat spat of trade tariffs between the US and Canada would be suspended for 30 days as the two countries agree to meet at the negotiating table. This follows a similar deal between the US and Mexico where a similar tariff was imposed in an effort to bully both Mexico and Canada to the table in order for US President Donald Trump to renegotiate his own renegotiation of the North American Free Trade Agreement (NAFTA), which was rebranded the USMCA trade deal after Donald Trump forced a renegotiation of the trilateral trade agreement during his first term.

Key highlights

Delay in US tariffs for 30 days.

Canada's PM Trudeau: Nearly 10,000 troops to protect border.

I had good call with Trump.

Canada is to name a fentanyl czar.

US tariffs are to be paused for at least 30 days.

Trump confirms delay of Canada tariffs.

Trump: 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.

© 2000-2025. All rights reserved.

This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.

Feedback
Live Chat E-mail
Up
Choose your language / location
Click Subscribe to receive notifications about promotions and bonuses