President Trump’s tariffs on imports from Canada will be delayed for at least 30 days, Prime Minister Justin Trudeau announced Tuesday afternoon amid an unprecedented trade war.
Trudeau took to X to say he had spoken with Trump and had made an agreement to delay the tariffs.
“I just had a good call with President Trump. Canada is implementing our $1.3 billion border plan — reinforcing the border with new choppers, technology and personnel, enhanced coordination with our American partners, and increased resources to stop the flow of fentanyl,” Trudeau posted.
“Proposed tariffs will be paused for at least 30 days while we work together,” the Prime Minister concluded.
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I just had a good call with President Trump. Canada is implementing our $1.3 billion border plan — reinforcing the border with new choppers, technology and personnel, enhanced coordination with our American partners, and increased resources to stop the flow of fentanyl. Nearly…
— Justin Trudeau (@JustinTrudeau) February 3, 2025
President Trump took to Truth Social, to announce the last minute deal.
“Canada has agreed to ensure we have a secure Northern Border, and to finally end the deadly scourge of drugs like Fentanyl that have been pouring into our Country, killing hundreds of thousands of Americans, while destroying their families and communities all across our Country,” he wrote.
“Tariffs announced on Saturday will be paused for a 30 day period to see whether or not a final Economic deal with Canada can be structured. FAIRNESS FOR ALL!, “ the president concluded.
Twenty-five per cent tariffs on Canadian imports were set to take effect on Tuesday and retaliatory 25 per cent tariffs from Canada on U.S. goods were also set to take place tomorrow too.
On Sunday, Ontario Premier Doug Ford banned the sale of American booze in Ontario and, this morning, scrapped an $100 million Starlink deal to provide high speed internet to rural communities.
Premier Ford confirmed Tuesday that Ontario will hit pause on all planned retaliatory measures.
“With the U.S. pausing tariffs, Ontario will also pause our retaliatory measures. If President Trump proceeds with tariffs, we won’t hesitate to remove American products off LCBO shelves or ban American companies from provincial procurement,” he wrote on X.
We have some good news today. We have temporarily averted tariffs that would have severely damaged our economy, giving time for more negotiation and time for cooler heads to prevail. Thank you to the countless workers, union leaders, businesses and everyday proud Canadians who…
— Doug Ford (@fordnation) February 3, 2025
TORONTO’S RESPONSE TO TARIFFS
Toronto Mayor Olivia Chow announced on Monday that the city is aligned with all levels of government in its response to President Trump’s looming tariffs.
During a press conference on Monday, Chow accused the president of imposing “senseless trade action,” and said the prospect of tariffs was creating anxiety within the city.
“Hard working Torontonians are worried wondering if their jobs will be affected, if the cost of food, which is already too high, will go up even more,” she said.
During her address, Chow confirmed she had instructed the city manager to cooperate with all levels of government to protect Torontonians’ livelihoods, adding that the city’s multi-faceted plan will ensure that Canada responds with “one voice.”
Bolstered by a $78-billion budget, Chow announced a “Buy Canadian Initiative,” describing the plan as a “citywide push” to put locally made products and services first, which includes a citywide review of Toronto’s procurement policies and contracts.
She is also bringing together the city’s largest employers and leaders, across manufacturing, the financial sector and small business, to provide advice and assist in the city’s broader action plan.
“Together our potential is unlimited,” she said, before encouraging people to stand together and look out for one another during “tough economic times.”
