Saturday, December 13, 2025
ADVT 
National

Trump announces one-month pause on Mexican tariffs, no move on Canada

Darpan News Desk The Canadian Press, 06 Mar, 2025 10:59 AM
  • Trump announces one-month pause on Mexican tariffs, no move on Canada

U.S. President Donald Trump says Mexico will get a one-month pause on tariffs for imports under the Canada-U.S.-Mexico Agreement on trade.

In a social media post, Trump says he made the decision after speaking with Mexican President Claudia Sheinbaum today, adding Mexico has worked with the U.S. on border security.

The news comes after U.S. Secretary of Commerce Howard Lutnick told CNBC he expects an agreement today on goods from Canada and Mexico.

Markets have been tumultuous since Trump followed through Tuesday on his threat to impose sweeping economy-wide tariffs on Canada and Mexico, with a lower 10 per cent levy on Canadian energy.

On Wednesday, Trump granted a one-month exemption for any vehicles coming through CUSMA after the Big Three automakers had a conversation with the president.

Trump posted about Prime Minister Justin Trudeau earlier today, repeating the false claim that Trudeau is using tariffs to run again in the coming Canadian election.

MORE National ARTICLES

Canada and U.S. stock markets plunge for a second day after trade war launched

Canada and U.S. stock markets plunge for a second day after trade war launched
North American stock markets plunged for a second day as the U.S. imposed broad tariffs on imports from Canada and Mexico, triggering a continental trade war. The S&P/TSX composite index was down 547.26 points at 24,454.31, after U.S. President Donald Trump's executive order implementing the tariffs took effect at just after midnight.

Canada and U.S. stock markets plunge for a second day after trade war launched

B.C. Finance Minister Brenda Bailey on track to deliver budget as Trump slaps tariffs

B.C. Finance Minister Brenda Bailey on track to deliver budget as Trump slaps tariffs
One day before delivering her first budget, British Columbia's finance minister said she knows that everyone is wondering how it can be done in the face of unprecedented tariffs from the United States.  It is not time to make "deep cuts," Brenda Bailey told reporters on Monday, but a time to plan for uncertainty and ensure programs and services are protected.

B.C. Finance Minister Brenda Bailey on track to deliver budget as Trump slaps tariffs

U.S. plans to nearly triple anti-dumping duty on Canadian softwood as tariffs loom

U.S. plans to nearly triple anti-dumping duty on Canadian softwood as tariffs loom
British Columbia Premier David Eby says news that the U.S. Department of Commerce wants to almost triple the anti-dumping duties on Canadian softwood lumber is a "massive threat" to the province's forestry sector. The American department issued a preliminary anti-dumping rate of 20.07 per cent, up from 7.66 per cent set three years ago, which is in addition to countervailing duties of 6.74 per cent.

U.S. plans to nearly triple anti-dumping duty on Canadian softwood as tariffs loom

One dead after Langley explosion that may have been caused by drug lab: police

One dead after Langley explosion that may have been caused by drug lab: police
The explosion and fire left two people with critical injuries and one person unaccounted for as the flames destroyed the home, spread to nearby residences and forced the closure of the neighbourhood. Sgt. Zynal Sharoom says in a news release that investigators remained at the scene over the weekend and were working with the BC Coroners Service to identify the remains.

One dead after Langley explosion that may have been caused by drug lab: police

Trump says threatened economywide tariffs will hit Canada, Mexico on Tuesday

Trump says threatened economywide tariffs will hit Canada, Mexico on Tuesday
U.S. President Donald Trump said Monday that 25 per cent across-the-board tariffs on imports from Canada and Mexico, with a lower 10 per cent levy on Canadian energy, will start Tuesday, tipping the continent into a trade war. Trump's executive order to implement economywide tariffs was delayed until Tuesday after Canada and Mexico agreed to introduce new security measures at the border.

Trump says threatened economywide tariffs will hit Canada, Mexico on Tuesday

Trudeau staunchly defends Zelenskyy as London summit on European security wraps up

Trudeau staunchly defends Zelenskyy as London summit on European security wraps up
Trudeau said it could lead to Canada joining a new military coalition aimed at upholding an eventual peace in Ukraine, but the outgoing prime minister added that others will have to make such a decision.

Trudeau staunchly defends Zelenskyy as London summit on European security wraps up