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Trade War on Hold: Canada, U.S. Reach Temporary Truce

February 3, 2025 by Newsdesk

Prime Minister Justin Trudeau and U.S. President Donald Trump have reached a 30-day pause on U.S. tariffs after Canada pledged new border security measures. The agreement includes appointing a “fentanyl czar” and investing $200 million in intelligence. While business leaders welcome the delay, many warn of ongoing uncertainty.

Critics, including Unifor and the Council of Canadian Innovators, argue the trade war isn’t over. Meanwhile, Trump aides downplay the dispute, framing it as a border security issue, while Trump himself revives annexation rhetoric. The next deadline looms on March 5, leaving Canada’s economy on edge.

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