Washington - U.S. President Donald Trump signed an order today, Thursday, March 6, 2025, to postpone the imposition of new tariffs on imports coming from Canada and Mexico for one month, as part of ongoing efforts to avoid a trade escalation between the three countries.

The decision came after high-level consultations between the Trump administration and officials from Canada and Mexico, where the new tariffs, reaching up to 25%, were set to take effect next week. The White House explained that this step aims to allow more time for ongoing trade negotiations among the involved parties.

In an official statement, U.S. Secretary of Commerce Howard Lutnick said that the decision includes most goods and services coming from Canada and Mexico, with a focus on the automotive industry, which has been one of the most affected by the announced tariffs. He added that the Trump administration seeks through this postponement to avoid any disruptions in U.S. supply chains, especially amid warnings about the impact of tariff measures on the local manufacturing sector.

Reactions from Canada and Mexico

For his part, Canadian Prime Minister Justin Trudeau welcomed the decision, confirming that his government will continue to work towards finding a lasting solution with the U.S. administration that protects the economic interests of both countries. The Mexican government also issued an official statement praising the postponement decision, considering it a positive step towards enhancing trade cooperation between Washington and Mexico City.

Implications of the Decision

This postponement comes at a time when fears are rising about escalating trade tensions between the United States and its partners, amid warnings of potential economic repercussions if tariffs are fully implemented.

Trade talks are expected to continue in the coming weeks, with efforts to reach a comprehensive agreement before the end of the postponement period on April 6.