Following Trump’s announcement, Canadian Finance Minister Dominic LeBlanc stated that Canada would suspend its planned countermeasures—which would have imposed tariffs on $125 billion worth of US goods—until 2 April, while diplomatic efforts continue to resolve the trade dispute.
Amid concerns over a trade war, US President Trump has suspended 25% tariffs on Canada and Mexico imposed earlier this week.
The federal government has put together a $6.5-billion aid package and is making temporary changes to the employment insurance program to support Canadian businesses and workers through the trade war with the United States.
The federal government has put together a $6.5 billion aid package and is making temporary changes to the employment insurance program to support Canadian businesses through the trade war with the United States.