Trump Tariffs On Imports From Canada & Mexico Paused
Posted On
February 06, 2025
On February 1, President Trump announced broad tariffs of 25% on imports from Canada and Mexico and 10% on oil from Canada. These tariffs appear to include hardwood plywood, veneer, and engineered wood flooring. Per a White House fact sheet, these actions and the 10% tariffs on imports from China were meant to incentivize action by these countries on fentanyl and illegal immigration. After Canada and Mexico agreed to enhanced border safeguards, President Trump agreed to a one-month pause in the tariffs on imports from Canada and Mexico.
PHOTO © U.S. CUSTOMS & BORDER PROTECTION
Read more: Fact Sheet → and Trump agrees to pause tariffs on Canada and Mexico after they pledge to boost border enforcement →