Trump announces one-month tariff pause on some Canadian goods, lowers potash levy
U.S. President Donald Trump has signed an executive order that pauses tariffs on some Canadian imports linked to the auto industry that comply with the Canada-U.S.-Mexico Agreement, and also lowers levies on potash to 10 per cent.
The order, read out in the Oval Office on Thursday, says the tariff relief is linked to maintaining the flow of parts to American car manufacturers and to helping farmers.
It was not clear exactly what would be included in the exemptions.
U.S. Commerce Secretary Lutnick says he thinks Trump will pause tariffs for a month
U.S. Secretary of Commerce Howard Lutnick says he expects President Donald Trump will pause tariffs on Canada and Mexico until April 2.
Lutnick told CNBC he expects an agreement today on goods he says are compliant with the Canada-U.S.-Mexico Agreement on trade.
His comments come a day after Trump granted a one-month exemption for any vehicles coming through CUSMA after the Big Three automakers had a conversation with the president.
Trump tells Congress tariffs benefit U.S. as commerce secretary floats idea of deal
A day into Donald Trump's North American trade war, the U.S. president remained adamant that tariffs would benefit America even as a key member of his team has floated that a compromise could materialize Wednesday.
Trump addressed a joint session of Congress Tuesday night, for the first time since he returned to office in January, by making a case for his massive tariff agenda.
"We have been ripped off for decades by nearly every country on Earth and we will not let that happen any longer," Trump told lawmakers in Washington.
Deadline for Trump's tariffs passes with no relent; Canada counters in response
Canadians will be waking up to a new and uncertain reality after U.S. President Donald Trump's deadline for economy-wide tariffs passed with no relent overnight, triggering a continental trade war.
The president's executive order hitting Canada and Mexico with 25 per cent across-the-board tariffs, with a lower 10 per cent levy on Canadian energy, took effect at 12:01 a.m. ET.
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.
"No room left for Mexico or for Canada (to make a deal)," Trump said at the White House.
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.
Canada waiting to see if Trump starts North American trade war with steep tariffs
Canada is bracing to see whether U.S. President Donald Trump follows through on his threats of economy-wide tariffs — or whether another last-minute pause materializes, averting a North American trade war.
Trump's executive order to implement 25 per cent tariffs on all Canadian products, with a lower 10 per cent levy on energy, was delayed until Tuesday after Canada agreed to introduce new security measures at the border.
Trump signs order imposing 25 per cent tariffs on steel and aluminum
Donald Trump has signed executive orders to slap 25 per cent tariffs on all steel and aluminum imports into the United States, including Canadian products, starting March 4 — the same deadline given to Canada to convince the U.S. president to halt his plan for across-the-board duties.
"It's a big deal. This is the beginning of making America rich again," Trump said as he signed the executive orders in the Oval Office.
Ministers call on Washington lawmakers to scrap tariff threat completely ▶️
Key cabinet ministers returned to Washington Tuesday to keep pressing Canada's economic case as a month-long pause on Donald Trump's tariff threat has done little to ease Canada's concerns.
"I do think there are opportunities for conversations to enable us actually to move away from the conversation about tariffs," Energy and Natural Resources Minister Jonathan Wilkinson said Tuesday.
Trudeau announces 25 per cent targeted retaliatory tariffs
Prime Minister Justin Trudeau says Canada will hit back with steep, immediate retaliatory tariffs on American goods after U.S. President Donald Trump confirmed he is moving ahead with devastating duties on Canada starting Tuesday.
Trump signed an executive order on Saturday to slap Canada with 25 per cent tariffs — with a lower 10 per cent duty for energy — laying the foundation for an unprecedented trade war with America's closest neighbours.
Trump to slap Canada with 25 per cent tariffs Tuesday, sources say
U.S. President Donald Trump will hit Canada with 25 per cent tariffs on Tuesday, with a lower 10 per cent duty for energy, government sources said — laying the foundation for a trade war with America's closest neighbours.
The federal government informed provinces Saturday that tariffs are coming, said the provincial sources, who cannot be named in order to share details that governments have not yet made public. It is not yet clear which energy exports would be included in the lower tariff category.