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Home / World / US Halts Customs Duties on Canada for at Least 30 Days

US Halts Customs Duties on Canada for at Least 30 Days

US Halts Customs Duties on Canada for at Least 30 Days
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World February 4, 2025 07:30

north america - Canada to implement $1.3 billion border plan as US suspends 25% customs duty for at least 30 days.

US-Canada Trade Relations

Canadian Prime Minister Trudeau announced a temporary halt to the 25% customs duty imposed by the US, while Canada plans to strengthen border security with a $1.3 billion investment. The measures include enhancing the border with new helicopters, technology, and personnel, increasing resources to stop fentanyl flow, and initiating a joint Canada-US Task Force to combat organized crime, fentanyl, and money laundering. Ontario Premier Doug Ford welcomed the temporary suspension of tariffs by the US and stated that Ontario will reciprocate by pausing retaliatory measures. He emphasized the need for Canada and the US to focus on the real trade war with China, suggesting that unity is crucial for success. Ford also highlighted plans to remove American products from Ontario shelves and encourage support for domestic production. The US President Trump's decision to halt customs duties on Canada and Mexico temporarily follows the phone call with Mexican President Sheinbaum, where he agreed to suspend tariffs on Mexico for 1 month in exchange for increased border security measures.

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