<figure id="attachment_2976974" aria-describedby="caption-attachment-2976974" style="width: 1600px" class="wp-caption alignnone"><img loading="lazy" class="size-full wp-image-2976974" src="https://media.freemalaysiatoday.com/wp-content/uploads/2025/02/6aed64b4-canada-tariffs.jpg" alt="Canada Tariffs Alcohol" width="1600" height="1000" /><figcaption id="caption-attachment-2976974" class="wp-caption-text">Canada refrained from imposing US$125 billion counter-tariffs after Donald Trump suspended duties under the North American trade deal. (AP pic)</figcaption></figure>
OTTAWA: Canada will hold off imposing counter-tariffs on US$125 billion in US goods, finance minister Dominic LeBlanc said Thursday, after US President Donald Trump agreed to suspend levies on Canadian exports covered by a North American trade agreement.
&#8220;Canada will not proceed with the second wave of tariffs on US$125 billion of US products until April 2nd, while we continue to work for the removal of all tariffs,&#8221; LeBlanc, who is leading Canada&#8217;s trade negotiations with its neighbour, posted on X.
A first phase of Canadian retaliatory tariffs on US$30 billion worth of US goods went into effect Tuesday after Trump slapped 25% levies on most Canadian imports into the US.
These will remain in effect, a Canadian government source told AFP.
Earlier Thursday, Trump signed orders to delay levies for imports covered by the United States-Mexico-Canada Agreement (USMCA), providing some reprieve to companies and consumers after blowback on financial markets.
Canadian Prime Minister Justin Trudeau said Ottawa will remain in a trade war with Washington for &#8220;the foreseeable future&#8221; even if there are &#8220;breaks for certain sectors.&#8221;
&#8220;Our goal remains to get these tariffs, all tariffs removed,&#8221; he added.

MatchPoint Times

Canada to hold off most tariffs on US after Trump pauses levies

PM Justin Trudeau sees a prolonged trade war despite breaks for certain sectors until all levies are lifted.

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