U.S. President Donald Trump has agreed to delay the imposition of 25% tariffs on Canadian goods for a 30-day period following discussions with Prime Minister Justin Trudeau. The tariffs, which were set to take effect this Tuesday, were part of a broader executive order aimed at addressing illegal immigration and drug trafficking, specifically targeting the flow of fentanyl and other substances into the United States.

The decision to pause the tariffs for 30 days provides both countries with an opportunity to negotiate a final economic deal. This delay comes as a relief to Canadian manufacturers who were bracing for significant trade disruptions. However, the situation remains fluid, and the potential for renewed tariffs still looms depending on the outcome of the ongoing talks.

In the interim, Canadian industries are temporarily spared from the tariffs, which would have had a widespread impact on various sectors. As discussions continue, manufacturers in both Canada and the U.S. will be closely monitoring developments, as the outcome could shape trade policies and supply chain dynamics across North America.