President Donald Trump has postponed 25% tariffs on many imports from Mexico and some imports from Canada for a month amid widespread fears of the economic fallout from a broader trade war. The White House insists its tariffs are about stopping the smuggling of fentanyl,

President Donald Trump has paused some tariffs on Canada and Mexico after saying he had constructive talks with Mexican President Claudia Sheinbaum. While speaking in the Oval Office, Trump said he still plans to impose “reciprocal” tariffs starting April 2.

President Donald Trump said tariffs on Mexico and Canada could go higher than a 25% rate imposed earlier this week, injecting further uncertainty into trade policies that have rattled markets and left businesses on edge.