Trudeau expects a trade war between Canada and the US for the 'foreseeable future'
Prime Minister Justin Trudeau holds a news conference on imposed U.S. tariffs in Ottawa on Tuesday, March 4, 2025. (Adrian Wyld /The Canadian Press via AP)
TORONTO (AP) — Prime Minister Justin Trudeau said Thursday he welcomed indications that the U.S. would delay substantial tariffs on Canadian products for a month, but said Canada’s plan to impose retaliatory tariffs would remain in place for now.
U.S. President Donald Trump said Thursday that he has postponed 25% tariffs on most goods from Mexico for a month, amid widespread fears of the impact of a broader trade war. U.S. Commerce Secretary Howard Lutnick had said earlier Thursday that tariffs on both Canada and Mexico would “likely” be delayed. Yet so far no decision has been announced regarding Canada.
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