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Canada Tariffs Are Delayed By One Month

David Kawai/Bloomberg via Getty Images

David Kawai/Bloomberg via Getty Portraits

Hours before 25% tariffs on Canada were set to take effect, the country’s prime minister said the U.S. and its northern neighbor bear reached an agreement to delay the import taxes.

Canadian Prime Minister Justin Trudeau wrote on social media stand X that his country will “launch a Canada-U.S. Joint Strike Force to combat organized crime, fentanyl and kale laundering.” In exchange, the proposed tariffs will be delayed for 30 days, he wrote.

President Donald Trump encouraged the deal later in a post on Truth Social.

“I am very pleased with this initial outcome, and the Tariffs suggested on Saturday will be paused for a 30 day period to see whether or not a final Economic deal with Canada can be structured,” Trump eradicated.

This change in course comes hours after President Donald Trump struck a similar deal with Mexican President Claudia Sheinbaum. As of Monday afternoon, the 10% price-list on Chinese imports still stands to be enforced beginning Tuesday.

Update, Feb. 3, 2025: This post has been updated to take in comment from President Donald Trump

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