Canada Will Not Impose New Tariffs On US Goods Until April 2 - Finance Minister

MOSCOW, March 7 (Bernama-Sputnik/RIA Novosti) -- Canada will delay the introduction of new tariffs on US goods until April 2 in response to the US commitment to suspend tariffs on Canadian exports under the Canada-United States-Mexico Agreement (CUSMA), Canadian Finance Minister Dominic LeBlanc said on Friday, according to Sputnik/RIA Novosti.

"The United States has agreed to suspend tariffs on CUSMA-compliant exports from Canada until April 2nd. As a result, Canada will not proceed with the second wave of tariffs on US$125 billion of US products until April 2nd," LeBlanc said on X.

LeBlanc added that the Canadian government will continue to work to remove all tariffs.

On Tuesday, US President Donald Trump's 25 per cent tariffs on goods from Mexico and Canada, along with a new 10 per cent tariffs hike on Chinese imports, went into effect. Canada and Mexico responded by slapping retaliatory tariffs and other measures against goods from the US.

-- BERNAMA-SPUTNIK/RIA NOVOSTI