The Canada-U.S. Mexico Agreement is a trade agreement between Canada, the U.S., and Mexico.

Why are tariffs being suspended?

Tariffs are being suspended as part of a deal to remove all tariffs between Canada and the U.S.

What is the significance of this tariff delay?

The tariff delay is significant as it allows Canada to continue trading with the U.S. without the burden of tariffs.

Canada to halt second wave of tariffs on U.S. goods until Apr 2 — Canada's Finance Minister Dominic LeBlanc announces suspension of tariffs on U.S. goods.

Current AffairsWorld

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Canada to halt second wave of tariffs on U.S. goods until Apr 2

By GC NewsDesk

07/03/2025

Key Takeaways

Canada will halt the second wave of tariffs on U.S. goods until April 2.
The U.S. has agreed to suspend tariffs on CUSMA-compliant exports from Canada until April 2nd.
This move allows Canada to continue trading with the U.S. without the burden of tariffs.

Ottawa: Canadian Finance Minister Dominic LeBlanc announced Thursday that Canada will halt the second wave of tariffs on U.S. goods until April 2.

“The United States has agreed to suspend tariffs on CUSMA-compliant exports from Canada until April 2nd,” LeBlanc said in his social media account shortly after Trump announced the tariff delay.

“As a result, Canada will not proceed with the second wave of tariffs on 125 billion Canadian dollars of U.S. products until April 2, while we continue to work for the removal of all tariffs.”