October DealsAmazon USOctober deal check: compare before you payAmazon US: current deals, useful picks and tech finds.Check DealsWindows FixRecommendedWindows errors stealing your time? Find the fix fastScan stability, cleanup and performance issues.Fix NowOctober DealsAmazon USDeal season is back - check today's better picksAmazon US: current deals, useful picks and tech finds.See Picks×
Skip to content
The Finance Base
The Money Desk · Blog
Re:

Trump Agrees to a 30-Day Tariff Pause for Mexico and Canada

On February 3, 2025, Trump delayed threatened tariffs on Mexico and Canada for 30 days. The two countries announced different border and enforcement commitments.
From TheFinanceBase Team2 min to read
Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

On February 3, 2025, President Donald Trump agreed to delay threatened U.S. tariffs on imports from Mexico and Canada for 30 days after separate calls with Mexican President Claudia Sheinbaum and Canadian Prime Minister Justin Trudeau. The pauses were temporary and came with different border-security commitments; they did not amount to a lasting trade settlement.

What tariffs were paused?

The threatened U.S. tariffs were scheduled to begin the following day. The initial plan was a 25% tariff on most imports from both Mexico and Canada, plus a 10% tariff on Canadian energy products, according to the Associated Press. Those were proposed rates, not a description of what consumers or businesses ultimately paid.

The Mexico and Canada announcements did not cover China. At the time, tariffs on Chinese goods were still due to take effect, Reuters reported.

How long was the pause?

Mexico’s 25% tariffs were delayed for 30 days, Reuters reported. Trudeau described the Canadian pause as lasting “at least 30 days.” He said, “Proposed tariffs will be paused for at least 30 days while we work together.” The wording differed, but both announcements created time for further talks rather than resolving the underlying trade dispute.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

What did Mexico and Canada agree to do?

Country Border and enforcement commitments announced Stated duration
Mexico Sheinbaum said Mexico would immediately reinforce its northern border with 10,000 National Guard members, particularly to address fentanyl trafficking. She also said the United States committed to work to prevent high-powered weapons from being trafficked into Mexico. 30 days
Canada Canada said it would deploy new technology and personnel along the U.S. border and cooperate against organized crime, fentanyl smuggling, and money laundering. Trudeau also cited a commitment to create a fentanyl czar and ensure permanent monitoring of the shared border. “At least 30 days,” in Trudeau’s description

These were commitments announced by the governments and reported at the time, not independently verified results. Mexico’s figure of 10,000 National Guard members was part of Sheinbaum’s February 3 announcement, as reported by Reuters.

How the two announcements differed

Sheinbaum announced Mexico’s pause first on February 3. Trudeau announced Canada’s after a second call with Trump that day. Mexico specified a troop deployment and cited a U.S. commitment on weapons trafficking. Canada described border technology and personnel, enforcement cooperation, a fentanyl czar, and monitoring. The pause announced for Mexico was 30 days; Trudeau said Canada’s proposed tariffs would be paused for at least that long.

Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.Support on Ko-Fi

What the announcement did—and did not—settle

Trump said negotiations would take place during the pause. He also wrote, “As President, it is my responsibility to ensure the safety of ALL Americans, and I am doing just that. I am very pleased with this initial outcome.” The announcements established a temporary delay and a basis for further discussions, not a permanent agreement on tariffs or trade.

The contemporaneous Reuters and Associated Press reports establish the terms announced on February 3, 2025. They do not establish whether the tariffs were later implemented, extended, replaced, or changed. The tariff status after the initial pause therefore cannot be inferred from these announcements alone.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.

Leave a Reply

Your email address will not be published. Required fields are marked *

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

More post from the Money Desk

  1. The Money DeskBlogTheFinanceBase09 OCT 267 minMortgage Escrow FAQs: Taxes, Insurance, Shortages, and Refunds
  2. The Money DeskBlogTheFinanceBase09 OCT 265 minHow Mortgage Escrow Accounts Work and What Homeowners Pay For
  3. The Money DeskBlogTheFinanceBase09 OCT 265 minHow to Read a Stock Chart, Volume and Market-Cap Data
Recommended PC Tool
Recommended PC Tool
Windows Errors? Fix Them Before They SpreadFree repair scan
Outdated Drivers Are Slowing You DownFree scan - exact matches

Two free Windows tools

One Free Minute Could Fix That PC

Before you go - each of these free tools takes about a minute and tackles what quietly slows a Windows PC down.

Special offer. View Outbyte info, uninstall instructions, EULA, and Privacy Policy.