President Donald Trump announced a 30-day delay on tariffs for Canada and Mexico on February 3, 2025. This decision follows intense negotiations over border security and drug trafficking. Trump had initially planned to impose 25% tariffs on imports from both countries due to concerns about illegal immigration and fentanyl smuggling.
Canada agreed to a $1.3 billion border security plan, including new helicopters, technology, and personnel. Mexico committed to deploying 10,000 National Guard troops to its northern border. Both countries will work on enhancing border security to prevent the flow of drugs and undocumented migrants into the U.S.
The delay aims to give both nations time to meet U.S. demands and avoid a potential trade war. Trump emphasized that if satisfactory progress isn’t made, tariffs could be reinstated.