Canadian leaders expressed relief that broad tariffs were not applied to Canadian products on the first day of Donald Trump’s presidency.

Canada evaded steep tariffs on the first day of U.S. President Donald Trump's second term, but senior Canadian government officials weren't celebrating as they gathered for a cabinet retreat.

U.S. President Donald Trump on Monday said he was thinking of imposing 25% tariffs on imports from Canada and Mexico because they were allowing many people to cross the border as well as fentanyl.

President Donald Trump said in an Oval Office signing ceremony Monday evening that his administration will impose 25% tariffs on Mexico and Canada on February 1, an extraordinary change in North American trade policy that could raise prices for American consumers.

WASHINGTON: President Donald Trump did not immediately impose tariffs on Monday (Jan 20) as previously promised but said he was thinking about imposing 25 per cent duties on imports from Canada and Mexico on Feb 1 over illegal immigrants and fentanyl crossing into the US.

President Donald Trump said Monday the U.S. may levy 25% tariffs against Mexico and Canada as early as February.

Canadian leaders expressed relief that sweeping tariffs were not applied to Canadian products on the first day of Donald Trump’s presidency and that he did not mention America’s major trading partner

Donald Trump sparked a bout of tumult in financial markets hours after his inauguration as he threatened to hit Mexico and Canada with big tariffs. Speaking in the Oval Office late on Monday, Trump said he could enact tariffs of 25 per cent against both countries as soon as February 1,

President Donald Trump announces that U.S. will impose 25% tariffs on Canada, Mexico from 1 February, 2025. As part of his new U.S. trade policy, President Donald Trump also promises punitive measures on other countries.