Trump Pauses Tariffs on Canada and Mexico, Imposes 10% Tariff on China

U.S. President Donald Trump has agreed to pause 25% tariffs on Canada and Mexico for 30 days, following calls with Canadian PM Justin Trudeau and Mexican President Claudia Sheinbaum.

In return, Canada will strengthen border security and launch a joint strike force with the U.S. to combat fentanyl trafficking, while Mexico will deploy 10,000 National Guard troops to its northern border.

Meanwhile, a 10% tariff on Chinese imports has taken effect, prompting China to impose retaliatory tariffs on U.S. coal, crude oil, and agricultural machinery. 

Trump warned tariffs could increase unless a trade agreement is reached.