19 sources·Business

Trump Delays Tariffs on Canadian, Mexican Imports, Promises Future Action

On his first day in office, President Trump opted against immediate tariffs but indicated a review of trade policies involving Canada and Mexico is coming soon.

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  1. Trump Says 25 Percent Tariffs on Canada, Mexico Could Be Coming Feb. 1

    The impending threat of tariffs from President Trump not only signals a shift in U.S. trade policy but also raises concerns about the economic impact on both American consumers and international relations with neighboring countries.

    Trump Says 25 Percent Tariffs on Canada, Mexico Could Be Coming Feb. 1

    Epoch TimesEpoch Times·3M
    Mixed Reliable
    This source has a mixed track record—sometimes accurate but also prone to bias, sensationalism, or incomplete reporting.
    ·
    Right
    This outlet favors right-wing views.
  2. Trump threatens 25 percent tariffs on Mexico and Canada starting Feb. 1

    The prospect of imposing 25 percent tariffs on imports from Mexico and Canada reflects Trump's unwavering approach to using trade policy as a tool to address immigration and drug trafficking issues, despite warnings about the potential economic repercussions for consumers.

    Trump threatens 25 percent tariffs on Mexico and Canada starting Feb. 1

    The HillThe Hill·3M
    Reliable
    This source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.
    ·
    Center
    This outlet is balanced or reflects centrist views.
  3. Canada relieved Trump doesn’t impose tariffs on the major US trading partner on first day

    Canadian officials are breathing a sigh of relief that Donald Trump chose not to impose tariffs on their products, highlighting the importance of a balanced and respectful trade relationship between the two countries.

    Canada relieved Trump doesn’t impose tariffs on the major US trading partner on first day

    ABC NewsABC News·3M
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    This source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.
    ·
    Center
    This outlet is balanced or reflects centrist views.
  4. Canada relieved Trump doesn’t impose tariffs on the major US trading partner on first day

    The lack of immediate tariffs on Canadian goods is a welcome relief for Canadian leaders, reflecting both cautious optimism and the complexity of the U.S.-Canada trade relationship.

    Canada relieved Trump doesn’t impose tariffs on the major US trading partner on first day

    Associated PressAssociated Press·3M
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    This source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.
    ·
    Center
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  5. No tariffs on Day 1, but Trump promises to ‘drill, baby, drill’

    Trump's cautious approach to tariffs on his first day in office hints at a strategic play rather than a blind rush to impose import duties, suggesting that he may prioritize negotiation and long-term economic strategy over immediate protectionist moves.

    No tariffs on Day 1, but Trump promises to ‘drill, baby, drill’

    Al JazeeraAl Jazeera·3M
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    This source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.
    ·
    Leans Left
    This outlet slightly leans left.
  6. Trump holds his fire on tariffs — but promises they're still coming

    The proposed tariffs, despite Trump's assurances, risk imposing a significant burden on American consumers, potentially leading to increased prices and inflation, contradicting claims of enriching citizens.

    Trump holds his fire on tariffs — but promises they're still coming

    Business InsiderBusiness Insider·3M
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    This source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.
    ·
    Center
    This outlet is balanced or reflects centrist views.
  7. Trump not expected to carry through on Day 1 tariff threats

    Trump's approach to tariffs, despite his bold campaign promises, seems more cautious now, reflecting the hesitance to implement policies that could lead to economic upheaval and alienate vital trade partners.

    Trump not expected to carry through on Day 1 tariff threats

    NBC NewsNBC News·3M
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    ·
    Center
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  8. Canada Relieved Trump Doesn't Impose Tariffs on the Major American Trading Partner on the First Day

    While Canadian leaders express a cautious optimism about the absence of immediate tariffs, the lingering threat of U.S. trade penalties represents a complex and precarious dynamic that could significantly affect both nations.

    Canada Relieved Trump Doesn't Impose Tariffs on the Major American Trading Partner on the First Day

    NewsmaxNewsmax·3M
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    This source has a mixed track record—sometimes accurate but also prone to bias, sensationalism, or incomplete reporting.
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    Right
    This outlet favors right-wing views.
  9. Trump trade memorandum won't impose new tariffs on day one

    Trump's reluctance to impose immediate tariffs suggests a potential shift in his trade strategy that could prioritize careful assessment over brash action, reflecting the complex economic landscape he must navigate as he begins his second term.

    Trump trade memorandum won't impose new tariffs on day one

    CNBCCNBC·3M
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    ·
    Center
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  1. Epoch Times
  2. The Hill
  3. ABC News
  4. Associated Press
  5. Al Jazeera
  6. Business Insider
  7. Reason
  8. NBC News
  9. PBS NewsHour
  10. Newsmax
  11. Boston Herald
  12. CNBC
  13. New York Sun

Updated: Jan 20th, 2025, 11:39 PM ET

Summary

A summary of the key points of this story verified across multiple sources.

On his inaugural day, President Trump refrained from imposing immediate tariffs on imports from Canada and Mexico, opting for a review instead. This decision relieved Canadian leaders, who expressed cautious optimism. Trump announced plans for a new External Revenue Service to collect upcoming tariffs, hinting at a potential 25% tariff on these imports starting February 1 unless border issues are addressed. Experts warn this could significantly impact consumers and the economies of both nations. The Canadian government remains vigilant, preparing retaliatory measures and emphasizing trade interdependence with the U.S.


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Trump Delays Tariffs on Canadian, Mexican Imports, Promises Future Action - Pano News