Tariffs on many Canadian goods are also on hold. DW has more. US pauses tariffs on most products from Mexico and Canada
Mexican president hails “unprecedented results” in talks with Trump
Canada’s PM Trudeau says trade war to last “for forseeable future”
Trump urges Musk to practice restraint with government cuts. tariffs on Canada and Mexico.
It is the second time in two days that Trump has rolled back his taxes on imports from America’s two biggest trade partners, measures that have raised uncertainty for businesses and worried financial markets.
On Wednesday he said he would temporarily spare carmakers from 25% import taxes just a day after they came into effect.
Mexican President Claudia Sheinbaum thanked Trump for the move, while Canada’s finance minister said the country would in turn hold off on its threatened second round of retaliatory tariffs on US products.
