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News in English (USA) / 04.02.2025 / 01:00

Trump Pauses Tariffs on Canada and Mexico Amid Border Enforcement Agreement

In a recent development, Trump has agreed to a 30-day pause on tariff implementation against Canada and Mexico, contingent upon both countries enhancing border enforcement efforts. Canadian Prime Minister Justin Trudeau confirmed the agreement following discussions with Trump, while U.S. stock futures surged in response to the news. This temporary suspension aims to foster cooperation on border issues and alleviate tensions that had spooked the markets. Despite the reprieve for North America, tariffs on imports from China are still set to take effect soon. Both countries are now tasked with navigating this fragile agreement amid ongoing uncertainties.
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