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On February 3 local time, US President Trump signed an executive order to suspend the imposition of tariffs on Mexican and Canadian goods, postponing its implementation to March 4, 2025.
The statement said that the U.S. Secretary of Homeland Security should consult with the Secretary of State, the Attorney General, the President's Assistant for National Security and the President's Assistant for Homeland Security to continue to assess the situation at the northern U.S. border.
If the illegal immigration and illegal drug crisis worsens and the Canadian government fails to take adequate measures to alleviate these crises, Trump will take necessary measures to deal with the situation and may continue to impose tariffs.
On February 1 local time, the U.S. government imposed a 25% tariff on imported goods from Canada and Mexico on the grounds of dealing with illegal immigration and fentanyl and other drugs.
At the same time, the US announced an additional 10% tariff on Chinese products imported to the US.Trump also said that the plan will soon levy tariffs on EU products.
Canada waives retaliatory tariffs on the U.S.
Earlier on the 3rd local time, Canadian Prime Minister Trudeau said that US President Trump decided to suspend the imposition of tariffs on Canadian products for at least 30 days. Canada has also abandoned the imposition of retaliatory tariffs.
Trudeau said Canada is implementing a .3 billion border plan - strengthening the border with new helicopters, technology and personnel, and strengthening coordination with the United States.Nearly 10,000 frontline personnel are protecting the border.
Trudeau said Canada has also made new commitments to list drug trafficking groups as terrorists, ensure 24/7 surveillance at the border, establish a joint Canadian and American strike force to combat organized crime, money laundering and other activities.
Canadian Prime Minister Trudeau said on social media the same day that he had just had a call with Trump and that the proposed tariff measures will be suspended for at least 30 days while both sides work together to resolve the problem. He said Canada is strengthening border management and forming a joint crackdown force between Canada and the United States to combat organized crime, fentanyl and money laundering.
Mexico sends 10,000 people to strengthen border patrol
Earlier on the 3rd local time, Trump spoke with Mexican President Sinbaum. Both announced after the call that the United States and Mexico agreed to suspend the implementation of the tariffs for one month immediately and continue negotiations.
Sinbaum said she reached a series of deals with Trump. Mexico will immediately send 10,000 National Guard personnel to strengthen northern border patrols to prevent trafficking of fentanyl and other drugs from Mexico to the United States.
The United States has pledged to prevent trafficking of powerful weapons to Mexico. The teams of both sides will continue to work on both security and trade starting on the same day. The tariff collection plan will be suspended for one month from that day.
Trump signed an executive order on the 1st, imposing a 25% tariff on products imported from Mexico and Canada. Trudeau announced on the same day that it would impose a 25% tariff on US Canadian products worth 155 billion Canadian dollars (1 USD is approximately 1.45 Canadian dollars) to counter the US tariffs on Canadian products.
