financetom
Business
financetom
/
Business
/
Trudeau says Trump will pause Canada tariffs for at least 30 days
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Trudeau says Trump will pause Canada tariffs for at least 30 days
Feb 3, 2025 2:21 PM

OTTAWA (Reuters) -U.S. President Donald Trump will postpone threatened tariffs on Canadian imports for at least 30 days, Prime Minister Justin Trudeau said in a post on X on Monday.

Trudeau, speaking after his second conversation of the day with Trump, also said Canada had committed to creating the post of a special czar to combat the smuggling of fentanyl and would ensure permanent monitoring of the shared border.

Trump had threatened to impose tariffs on Canadian imports unless Ottawa cracked down on fentanyl smuggling and the flow of illegal migrants across the border.

"Proposed tariffs will be paused for at least 30 days while we work together," Trudeau said. Trump had earlier agreed a 30-day exception for tariffs he said he would slap on Mexico.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Update: Dundee Precious Metals Gains Near 2% as Agrees to Acquire Adriatic Metals in US$1.3 Billion Deal
Update: Dundee Precious Metals Gains Near 2% as Agrees to Acquire Adriatic Metals in US$1.3 Billion Deal
Jun 13, 2025
11:49 AM EDT, 06/13/2025 (MT Newswires) -- (Updates shares.) Dundee Precious Metals ( DPMLF ) on Friday said it agreed to acquire U.K.-based Adriatic Metals in a US$1.3 billion deal. Dundee will acquire 100% of the Vares operation in Bosnia and Herzegovina, a producing silver-lead-zinc-gold underground mine. The deal is expected to raise Dundee's production to up to 425,000 gold...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Stifel Canada on Guru Organic Energy's Q2
Stifel Canada on Guru Organic Energy's Q2
Jun 13, 2025
11:42 AM EDT, 06/13/2025 (MT Newswires) -- GURU Organic Energy ( GUROF ) reported muted second-quarter results with revenue declining 19%, missing expectations, notes Stifel Canada. Revenue was impacted by a shortfall in shipments ahead of Guru changing distributor in Canada. The last months of distribution by PepsiCo did not appear to go as planned, with out-of-stock positions at retailers...
Update: Pulse Seismic Up Near 5% as Makes $13.5 Million Seismic Data License Sale, Provides Revenue Update
Update: Pulse Seismic Up Near 5% as Makes $13.5 Million Seismic Data License Sale, Provides Revenue Update
Jun 13, 2025
11:43 AM EDT, 06/13/2025 (MT Newswires) -- (Updates shares.) Pulse Seismic ( PLSDF ) late on Thursday announced a $13.5 million sale of a seismic data license. The company, which offers seismic data to the oil industry, said second-quarter revenue to date is approximately $17.2 million on a preliminary basis, including the data license sale. This brings year-to-date total licensing...
Copyright 2023-2026 - www.financetom.com All Rights Reserved