Canada Will Pause 2nd Phase of Retaliatory Tariffs After Trump’s Latest Reprieve

Canada Will Pause 2nd Phase of Retaliatory Tariffs After Trump’s Latest Reprieve
Finance Minister Dominic LeBlanc attends a first ministers meeting in Ottawa on Jan. 15, 2025. The Canadian Press/Sean Kilpatrick
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Finance Minister Dominic LeBlanc said Ottawa will delay a second round of retaliatory tariffs on the United States, as President Donald Trump has announced a one-month pause of tariffs on exports compliant with the United States-Mexico-Canada Agreement (USMCA, or CUSMA). However, he said Canada’s first phase of tariffs will remain in place.

“The United States has agreed to suspend tariffs on CUSMA-compliant exports from Canada until April 2nd,” LeBlanc said on X on March 6.