{"id":46612,"date":"2025-02-04T06:35:10","date_gmt":"2025-02-04T06:35:10","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/after-mexico-trump-holds-off-on-canada-tariffs-but-keeps-pressure-on-china\/"},"modified":"2025-02-04T06:35:10","modified_gmt":"2025-02-04T06:35:10","slug":"after-mexico-trump-holds-off-on-canada-tariffs-but-keeps-pressure-on-china","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/after-mexico-trump-holds-off-on-canada-tariffs-but-keeps-pressure-on-china\/","title":{"rendered":"After Mexico, Trump holds off on Canada tariffs but keeps pressure on China"},"content":{"rendered":"

(Originally posted on : Invezz )<\/b>
\n<\/p>\n

<\/div>\n

US President Donald Trump has agreed to pause the implementation of planned tariffs on imports from Canada for at least 30 days, Canadian Prime Minister Justin Trudeau announced on Monday. <\/p>\n

The decision comes just hours after Mexico\u2019s President Claudia Sheinbaum also secured a similar pause by committing to measures aimed at curbing fentanyl trafficking into the United States.<\/p>\n

No agreement has been reached for China, which faces a 10% tariff. A White House spokesperson said Trump would not speak with Chinese President Xi Jinping until later in the week.<\/p>\n

Trump warned of the possibility of further tariff increases on Beijing, stating, “China hopefully is going to stop sending us fentanyl, and if they’re not, the tariffs are going to go substantially higher.”<\/p>\n

Trump’s tariff actions and reactions<\/h2>\n

On Saturday, Trump announced his intent to impose 25% tariffs on imports from Mexico and Canada, alongside 10% tariffs on goods from China. <\/p>\n

Additionally, a 10% tariff on energy resources from Canada was also planned. In response, Trudeau warned that Canada would retaliate with 25% tariffs on $155 billion worth of U.S. goods.<\/p>\n

However, following discussions between Trump and Trudeau, the planned tariffs on Canadian goods have been paused for a month. <\/p>\n

In a tweet, Trudeau stated, “I just had a good call with President Trump,” signaling progress toward an agreement.<\/p>\n

\n
\n
\n
<\/p>\n
\"Justin<\/div>\n
\n
<\/div>\n<\/div>\n

<\/a><\/p>\n

<\/p>\n
Justin Trudeau<\/span><\/div>\n
<\/div>\n

<\/a><\/p>\n

@JustinTrudeau<\/span><\/a><\/p>\n
\u00b7<\/span>Follow<\/a><\/div>\n<\/div>\n<\/div>\n

<\/a><\/div>\n

I just had a good call with President Trump. Canada is implementing our $1.3 billion border plan \u2014 reinforcing the border with new choppers, technology and personnel, enhanced coordination with our American partners, and increased resources to stop the flow of fentanyl.\u00a0Nearly\u2026<\/span><\/p>\n

3:06 am \u00b7 4 Feb 2025<\/a><\/a><\/div>\n
<\/p>\n
<\/div>\n

5.5K<\/span><\/a><\/p>\n

<\/div>\n

Reply<\/span><\/a>