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Trump delays tariffs on many Canadian, Mexican imports for one month

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The president’s announcement clashes with his previous comments claiming the sweeping tariffs would be enforced without exclusions, exemptions or further delays.

President Donald Trump, in an abrupt about-face, announced Thursday he will delay 25 percent tariffs on a significant portion of Mexican and Canadian goods until next month.

The carve-out applies to autos and all other goods from the two countries that comply with the duty-free terms of the U.S.-Mexico-Canada Agreement, White House officials said.

The update marks a significant retreat of the tariffs on the two North American neighbors that went into force on Tuesday, and would apply to approximately 38 percent of imports from Canada and 50 percent from Mexico.
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Source: https://www.politico.com/news/2025/03/06/lutnick-trump-likely-to-delay-tariffs-on-more-usmca-products-00215779