00:00It's Benzinga bringing Wall Street to Main Street.
00:02President Donald Trump agreed to pause planned US tariffs on Canadian imports for 30 days,
00:07Prime Minister Justin Trudeau announced this Monday.
00:10The decision follows Canada's commitment to enhanced border security,
00:13including appointing a fentanyl czar and implementing a $1.3 billion border plan
00:18to curb fentanyl trafficking. Trump had announced 25% tariffs on goods from Mexico and Canada
00:23and a 10% tariff on Canadian energy resources. The tariff pause mirrors a similar agreement
00:29where Mexico, where President Claudia Steinbaum pledged to deploy 10,000 soldiers to its northern
00:35border. Trump said the pause allows to negotiate a final economic deal.
Comments